Goldtent TA Paradise

Rambus always says there is 3 possible ways one stock can go.

1. Fullgoldcrown says:

   October 29, 2019 - 3:54 pm at 3:54 pm

   Up Down and Sideways is the obvious answer but that is not exactly what Rambus is saying

   1……A Stock is in an Impulse Move (rising or falling rapidly)

   or

   2…A Consolidation pattern ( digesting gains with a new battle between the bulls and bears)…which will breakout in the same direction it was going when it came in to the consolidation…otherwise know as a “continuation” pattern

   or

   3…A Reversal Pattern. Same as 2 but instead of continuing the move it is reversing the move.

   Presently the chart of the $XAU ( a proxy for the Gold market) is in 2 or 3

   The Odds favor 2 because more often than not a Continuation happens….but 3 is always possible.

   Hope this helps Sir Cervantes

2. Cervantes says:

   October 29, 2019 - 3:57 pm at 3:57 pm

   You explained it perfect Fully.

   Thank you!

   I hope it could be usefull for other members at goldtent.

   Thanks!

3. FISCH says:

   October 29, 2019 - 5:20 pm at 5:20 pm

   It is for me, thx!