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stick save to stay inside the channel…..setting up a possible five wave
note – “3” coincides with around the 21st
The five minute chart seems to support a wave 3 up, with an ihs to kick it off with + divergence
These inverse head and shoulder patterns have high validity rates. Fully 97% by some accounts.
Yes seeing the same…
love it
I meant wave 3 up, not 4.
Doesn’t matter anywho. I think only Eagle and Krystar read these posts anyway. 🙂
Tommy Tommy Tommy
Seriously Tommy, you would be surprised, hundreds read our site every day. Goldtenters rock!
You must have editing rights if you know that. Cool.
In case no one figured it out yet, “3” coincides with Fed day next Wednesday when they will decide on rates again.
Ergo, if 3 initiates a down move, there might be a hike.
If so, it will show in the charts beforehand. It always does.
Good insight Tommy, seems logical…