Q
and the last leg from 5341 upwards looks like having moved up in following manner:
UnQ
And based my trade on it.However,Foxy waves of small degree proved too smart and chalked out a new route.As EW follower,I was able to track them at every step but not able to create a trade-set up so it remained a profit-less day.
Instead of above chart,the upmove from 5341 was done in following manner:
And those who are in our FB group were able to see this pattern at 1.40 PM
And this is how we ended:
Just on the threshold of bear territory.
And above 5DEMA.
And still no lower-low on Daily chart.
See you all in trade-set-up post tomorrow morning.
Raghu.
This comment has been removed by a blog administrator.
ReplyDeleteThis comment has been removed by a blog administrator.
ReplyDelete@ all friends requesting access to the FB Group - membership is by invitation only and the group does not believe in simply adding as many followers as possible. Administration of the group is done by our dear Sunnyji and in due course of time, will think over addition of new members.
ReplyDeleteFor now, deleting the comments with email addresses.