If i say 12300 is coming would you beleive?
Last two ideas based on Action Reaction Line worked perfectly. See updates on "Winter is coming" and "Where are the dragons" (both ideas shared as link to related ideas).
Now Prices have almost touched the Red median line of the pitchfork as updated in "Where are the dragons" on 30th september, what next?
If prices zoom pass through the red median line tomorrow, then they must test reaction line 1 @ 12300. If they reverse from 11800 then they must reach horizonal Central line (median line) @ 11300.
This analysis is based on Action Reaction lines and it is simple and wonderful.
This is my trading journal, not a trade recommendation.
DISCLAIMER:
Trading in the stocks market or futures markets is one of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past perfomance is not gaurantee of future gains.
Last two ideas based on Action Reaction Line worked perfectly. See updates on "Winter is coming" and "Where are the dragons" (both ideas shared as link to related ideas).
Now Prices have almost touched the Red median line of the pitchfork as updated in "Where are the dragons" on 30th september, what next?
If prices zoom pass through the red median line tomorrow, then they must test reaction line 1 @ 12300. If they reverse from 11800 then they must reach horizonal Central line (median line) @ 11300.
This analysis is based on Action Reaction lines and it is simple and wonderful.
This is my trading journal, not a trade recommendation.
DISCLAIMER:
Trading in the stocks market or futures markets is one of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past perfomance is not gaurantee of future gains.
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This is how market structure is unfolding. Next pivots at circled area.
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Tribute to Roger Babson:
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Ghost feed of 9th oct update is in play
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Latest updates in idea titled arrow of time
