Stocktwit: LuisCarlos - twitter: @lcparodi
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Dislikedthis is what i've been looking at for a long while now
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here's another view....
a h4 candle fully close below this blue tl should keep us going down or else it'll act as a support
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Dislikedi'm looking at a tf at least 1/13 ....another 2.25 months left
-we could have more down to my blue tl
or up to the upper tl
in any case its a 100 pip move....
so my dilemma is how do i play this moveIgnored
DislikedAs I told you I am not sure if there is one more low or not. But dont you think that 1.2360 is too much coincidence.Ignored
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Dislikedyes i always know you are the EW king
if only i can understand ew, but for some reason i can't grasp...Ignored
Dislikedwe should be on consolidation stage for this week
range of 1670 - 1690 blue square which represents 38% of fridays move
- if a full daily candle closes under thick blue trend line then we are headed to 165x anything else is consolidation
- red trendline broken is now resistance
-auqa down channel is still in play
so again imo we have alot of indicators saying same thing probability of this happening is high
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Dislikedi really like this view....i aligned the trend lines and took the width of shoulder top and bottom
-currently we still stoch at about 80 we still a little ways to drop...
- china pmi should bring us to neckline
-monday night rba rate should bring us up to top shoulder 1.255x
LET'S SEE IF THIS PLAN IS RIGHT OR WRONG....ONLY TIME WILL TELL
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the bigger hs
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Dislikedwe have a strong support of 1.6005 will it hold
-a break should give price towards bottom tl of widening wedge
- bounce will form right hs to 1.614x
i'll be watching next two h4 candles on sunday to show me it's direction.
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