Structurally bullish, considering multi timeframe price action factors
Estimated price fluctuation at time of report (+1Hr) 0.27% Volume Put/Call ratio 1.14 OI Put/Call ratio 0.84 Average Put/Call Ratio 0.99
Next webinar (London time): 30/08/16 10:00 youtube.com/c/marenno
How to use levels - 1. Wait till the level is reached, 2. Reversal pattern, 3. Confirmation , 4. Entry, 5. Target (intraday) is a last level on the direction mentioned with arrows. 1&2 period patterns: 1W Bearish Pattern,
I really hope that sharing of my routine with you, will help you in your trading.
Also I really hope that in respect to my hard work, you will take time to use the data I share, you will put the levels on a chart, and will apply it to your trading.
Sincerely Arturs Jermolickis arthur@Marenno.com skype: marenno.business A short - government required disclaimer: I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.
Do you see any continuation of the target? or has it changed for you, seeing its still in a corrective pattern in the minute/minuette/subminuette?
Marenno
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no change, but have to hold stop losses below the recent lows. will recount the levels in a few hours, just in case we will see something new.
TradeFreak
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Okay, thank you very much for your reply !
My count also still shows bullish but since the last 2 weeks, I've started to see more of a sideways movement rather than a clear direction.
I currently have a long term position open (about 2 months) but I want to close it soon, maybe when reaches target of 1340 or something.