- Search Metals Mine
-
Backing Trades Thru Charts
Started Feb 24, 2010|Commercial Content|7,093 replies
TheLastCoke For almost 3 years in a row my thread was located on top of the Commercial Section ...
No new lows have been made, my long term target remains the same. If we reach new lows then I will adjust the first target to be at 38.2% of CD leg.
This TL might help my butterfly to fly away.
This pattern have turned into a bullish butterfly.
News comming. Let's see what is gonna do to the charts.
Add .5135 Right at 127.2 FE. If broken I'm out.
Thanks body. Your analysis is more than welcome.
G/U Long Term — If you use an equidistant channel from the top, it will find support at the bottom from June 7. image Plus there is a butterefly finding support right at this channel. image
This is my long term E/U view. IMHO the way north has already started, aiming .3880 as my first target (38.2 fibo). I don't discard a test to 3400. major fibo + 127.2 FE, If this is the case I will add heavily. image There also a 3 bullish drive ...
TheLastCoke For almost 3 years in a row my thread was located on top of the Commercial Section ...
Look at this 78.6 retracement. It developed into a FE 100.0 image Now we had another 78.6 retracement. Will it develpo into a FE 100.0 (.3735)? image Backing up my longs there is also a three drives formation. url
What makes you think the up move is over? we are still above .3496. PS. I would like to see a bear point of view.
DO NOT CLICK AT THE LINK UNTIL YOU SEE BEARS ALL OVER. Is this a clear bear trend? image url