Posted by johnny2012 on 3rd of Oct 2022 at 08:57 pm
Looks like a cup and handle. With the cup just formed. Handle
was first. If this plays out would be a very nice long. Could also
peel back here and form a right shoulder for another IHS. Just
monitoring.
Posted by johnny2012 on 4th of Oct 2022 at 08:22 am
I agree on looking for a short. Do you have some resistance
areas you are looking at. Looks like the measured move of your 60
min wedge is about there too..
Looks like a cup and
Posted by johnny2012 on 3rd of Oct 2022 at 08:57 pm
Looks like a cup and handle. With the cup just formed. Handle was first. If this plays out would be a very nice long. Could also peel back here and form a right shoulder for another IHS. Just monitoring.
I think we should get
Posted by kobie on 4th of Oct 2022 at 12:02 am
I think we should get a good rally (wave 4 tipe) to suck in the bulls.....rather looking to short on more upside,
I agree on looking for
Posted by johnny2012 on 4th of Oct 2022 at 08:22 am
I agree on looking for a short. Do you have some resistance areas you are looking at. Looks like the measured move of your 60 min wedge is about there too..
Posted by kobie on 4th of Oct 2022 at 08:32 am
Wave 4s are so tough
Posted by mirhamedali on 4th of Oct 2022 at 01:09 am
Wave 4s are so tough to trade.
We could be just forming the A here of a larger ABC.