Could be a final chance to take a loss as a boss. Even better if you have a small profit. Wouldn't underestimate bear signal in small frames at this price range.

Gold

Watch out for the inner channel if it breaks. Outer channel is more of an estimation. Watch also out for areas near grey lines, they are close to the 2nd waves that I mentioned in earlier post. image

Gold

I have never made a penny using EW, quite the opposite. I think it can give some insight if you use it as an "after the fact" tool. One good take away from this theory is that price at times tends to return 2nd wave regions once a cycle is over. So ...

Gold

Best wishes patron

Techknow Trading

My warning was for those that kept buying into HHs a few weeks back. If they didn't TP/SL they are still in the game. Looking at current consolidation they might be just on the other side of this possible peak. This could be a good chance to take a ...

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The obvious one is the inner channel if price keeps moving. That can easily be brokes as well, then I would go for the outer channel which is indeed not as empirical as the inner one. image

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Do you have a good TP range that you want to share?

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Bold channel if we break below thin channel image

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calm down champ, the fun part was actually that it was side by side and 10 mins apart

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10 mins later...

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2290-2300 can cause some temporary resistance at least, just FYI.

Gold

I think we have two groups of bulls with roots around A and B Most shorts did probably already TP, those that didn't could be located around B area as well. Now what matters is, whether the bulls were able to take a loss like boss during this ...

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no signs of consolidation on any TF < H4 lets watch 2250 if we keep sliding

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stagnating already? image

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I respect your opinion, I don't respect people who don't have their money where their mouth is though. If you call for a $500 move and exit after $40, you are nothing less than a con artist. Actually, I think even that trade is imaginary.

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Some people makes me want to quit my shorts, i have been holding on for weeks, just because I don't want to have anything in common with them. Even though they are trolls that calls for 1800 but exits at 2300.

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Anything goes Consider how many times you have cut your winners short and hold on to your losers, and use this chance to get your revenge

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image

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how to spot a con artist

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If we see 2200, that's where we gonna separate ordinary men from real men. Real men will try to squeeze it all the way below 2100. Maybe 2060, but, I doubt that I am that alpha...

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