looks like a correction has ended and its ready for a new impulse down
Price is Wedging and its Midweek. Expecting Market Makers to Reverse @ this weeks High
(One never Learns out.) Last two weeks where quite hard for me as well because i didn't know what i was doing. (i missed the top entry and then expected a bounce on the monthly chart but it did not happen and i do not believe it will anymore.) and of course it costs money hoping for something to happen that is not in the interest of the long term trader. i...
i am still flat atm and looking to get in short on retracements as i was missing to get in at the top these are EMAs 50 HLC and 15 C since i do not know how to enable colors on the descriptions. my color is light blue and i wonder why its black on the screenshot
probably next week we will see a retracement to the 200 EMA or even a trend reversal
DAX has reached a fresh untested Supply Zone and at a Weekly Pivot Point i will look at what price does on lower Timeframes. for example moving impulsive down and correcting upward. ... it would be nice to see the bottom of the range @ Demand approx 560 pips but while it is still end of year, this could not work out. ...
I am expecting the price to rise with high volume and reverse sharply
we had a week long correction phase and most probable is a wave down to around 70.7% deep wave 2 from there i expect a new impulse up
i would say that this is still valid but i would like to hear other opinions on this Harmonic trading: Butterfly video from Scott Carney: -> youtu.be my screenshot in case Scaling is not so good : -> prntscr.com ok now i see my error ... D has not touched 1.272 and thats why it's not valid
good morning, i would be surprised if it comes back down. i have 3 positions on (scaled in)1 above A, 1 @ A, and 1 @ C, and i will close my pending @ the 886 Fibo