if you still hold that L2 short, you had the day. 3:2 is not a good number but the bigger win is the key.
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key time for bear, I don't think the green line below would hold.
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breakdown as I expected, but not confirmed, so wait.
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FWIW, there was a Bradley model date on Friday, the 28th.
fulkdaddy wrote:I just spent the weekend with Ken Goldberg, a 26 year veteran trader who is amazing in his use of Elliot Wave and Fibonacci...he learned from the man himself, Robert Prechter. He pays attention to the Moon Cycle, and the Bradley Model (planetary alignment). The reason being, the market is a measure of the crowd. And the crowd rarely wins.
In is common knowledge that ER doctors, people who work in jails, etc. say activity picks up around the full moon. The human body is made up of about 70% water. So, if the moon can affect the oceans...it can certainly affect us, right? So Ken uses the moon cycle and Bradley model as potential turn points and markers along the trading highway. For example, if there is a full 5 wave impulsive move up, and it ends at a Fibonacci retracement level, and we are entering a new of full moon, then the evidence begins to mount there could be a trend change in the market.
Evil plan is still higher high ahead? Could it be possible that this time is different and no higher high after MAD and this is the start of the pullback? Looking forward to your answer!
Thanks.
I think now you get the answer. Bears are way too weak.
target reached. volume surge, biggest bar could be exhaustion here. let's see how bulls counter-strike.
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