Apex of Triangle should equal High or Low (credits to ernmor). Probability is first break of triangle is the fake move. Back above upper triangle line and we are heading up to HOD area.
1der wrote:ES HOD test coming if we get above 1245/7 with potential to 1263 on ES
yep break above 1245.5 and i will add to longs... this feels like the bulls are slowly creeping up so as to not scare the bears and then WHAM... they won't know what hit them
Legal note:Don't believe anything I say above. You may lose yourA$$..
My chart has Daily Elders (Close, High, and Low), MA-2, CCI, and ATR for each stock; all color coded.
I'm not bearish yet on precious metals; just watching prices fluctuate between the blue up and purple down lines. As we get to some clearer pivot point, I'm still long.
1der wrote:ES HOD test coming if we get above 1245/7 with potential to 1263 on ES
yep break above 1245.5 and i will add to longs... this feels like the bulls are slowly creeping up so as to not scare the bears and then WHAM... they won't know what hit them
Yeap watch out for that BAM! got ya moment.
My comments are for entertainment/educational purpose only. NOT a trade advice.
1der wrote:ES HOD test coming if we get above 1245/7 with potential to 1263 on ES
yep break above 1245.5 and i will add to longs... this feels like the bulls are slowly creeping up so as to not scare the bears and then WHAM... they won't know what hit them
1der wrote:ES HOD test coming if we get above 1245/7 with potential to 1263 on ES
yep break above 1245.5 and i will add to longs... this feels like the bulls are slowly creeping up so as to not scare the bears and then WHAM... they won't know what hit them
Yeap watch out for that BAM! got ya moment.
just a slow grind, then we'll get a quick bit of selling just to tease the bears and then BAM!