Now that is what I was looking for! Note, even with all this energy, how the Gann Sq.9 lines off the daily pivot provides a useful ladder to work entries with. daily My-Wave obviously got some work to do to turn over but looks like that will be the day's intention. Once price pulls back into a turned over wave, should be safe to start loading up. Price is at the daily DMA now and needs to avoid a complete failure here.
Price has broken back inside the speedline channel off the first 'a' wave from 1.2041 and is now at the monthly DMA. Note how close the daily DMA (thin gold) and weekly trend line are so close together. A persistent thrust is going to see all of these breached which should add energy.
We are breaking back into the 1.3005 Gann square off the 1.18905 low (still working!) and the next one up is at 1.3302, where the 'peak' of the green channel's DMA sits. I'll worry about whether this has been a correction down from 1.3708 or not when the market makes it clearer. For now, hoping to enjoy the ride a bit.
Price has broken back inside the speedline channel off the first 'a' wave from 1.2041 and is now at the monthly DMA. Note how close the daily DMA (thin gold) and weekly trend line are so close together. A persistent thrust is going to see all of these breached which should add energy.
We are breaking back into the 1.3005 Gann square off the 1.18905 low (still working!) and the next one up is at 1.3302, where the 'peak' of the green channel's DMA sits. I'll worry about whether this has been a correction down from 1.3708 or not when the market makes it clearer. For now, hoping to enjoy the ride a bit.
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