After this correction I have tried to make a new timeframe.
If nothing strange happens anymore and the forwardmove is steady then:
highest point A will be at around: thursday 15-03 - 13.00h.
low point B: friday 16-03 - 09.00h
high point, tail down C: saturday 17-03 - 03.00h
end of tail, start of new big fractal: sunday 18-03 - 15.00h
(presumed low: 5000 !)
But as we have seen: time is elastic! so don't pin yourself to this. keep it as a guide.
Happy trading again!
If nothing strange happens anymore and the forwardmove is steady then:
highest point A will be at around: thursday 15-03 - 13.00h.
low point B: friday 16-03 - 09.00h
high point, tail down C: saturday 17-03 - 03.00h
end of tail, start of new big fractal: sunday 18-03 - 15.00h
(presumed low: 5000 !)
But as we have seen: time is elastic! so don't pin yourself to this. keep it as a guide.
Happy trading again!
Note
take care: times are in UTC+1
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.