broader view

Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

CMA's building a sharp top at the same place

Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

Dave it is just Translated Parallel MM'sL following a Trend

Analysis and Trading based on Envelopes, Waves, Cycles

follow up Long image

Analysis and Trading based on Envelopes, Waves, Cycles

opened long position image

Analysis and Trading based on Envelopes, Waves, Cycles

It seems we are in for an Upmove Potential entry when CMA 128 (white) will have made its Low Potential Target SRL (3/8) = 96.484 50% Retracement

Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

courtesy of Mark IV

Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

it seems we are in for a Double Top

Analysis and Trading based on Envelopes, Waves, Cycles

As observed by the legendary Trader Terry Pascoe and some R.N. Elliott at the beginning of the 20TH Century a 5-Legs Move is a most common one.

Analysis and Trading based on Envelopes, Waves, Cycles

Potential Double Top - Mid-Cycle Dip

Analysis and Trading based on Envelopes, Waves, Cycles