consolidation but chart is ambiguous, neither bears nor bulls can afford to lose here. Let's wait for the breakout first.
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i have to out for about an hour. right now the chart is a little little little bullish biased, we may see breakout on the upside soon.
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CarlosDK: "What do you think for rest of today Cobra?" he has been answering that question in every post. If I could speak for him, I would answer, "time will pass, and then the sun will set".
Hello Everyone,
I know I am late to the discussion, but what exactly is a P-Bar? Is it a candle with a very long wick, caused by large swing in the HFT's?
Thanks in advance.
If a ZZ = a 5-3-5 and an impulse wave = 5-3-5-3-5, then how must it be "unquestionable" that this is a correction and that this drop cannot extend much further into a wave 3 and not a C wave? (C wave, for those who don't understand this, is the last 5 of a 5-3-5)