Posted by chartboy on 24th of Jan 2022 at 05:36 pm
Classic D Wave target for Wave C, which is a 1.618 projection of
Wave A and was shown as the green horizontal, was 440. That was a
classic premeditated measured move pattern into overhead resistance
because the overhead TDST resistance, shown as the red hashed line
in the charts, was also 440.
If
there was any question if that was the correct patter to watch, the
fact that we are currently at 440 should answer it.
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Classic D Wave target for
Possible inverted H&S on ES 5min Matt?
Posted by chartboy on 24th of Jan 2022 at 05:36 pm
Classic D Wave target for Wave C, which is a 1.618 projection of Wave A and was shown as the green horizontal, was 440. That was a classic premeditated measured move pattern into overhead resistance because the overhead TDST resistance, shown as the red hashed line in the charts, was also 440.
If there was any question if that was the correct patter to watch, the fact that we are currently at 440 should answer it.