Hi Roger,Hi Sive,
Again, wonderful analysis as always. Thanks a lot, Sir.
I just have one question here regarding Dinapoli patterns. In your experience normally when the pattern gave the signal, what we should expect from it. Is it fast movement to the direction of the signal or we should allow market to breath a while, let say 1 to 2 bars after the signal or we should be aware of failure if we see market is hesitate to move in the direction of the signal?
Have a nice weekend, Sir.
Thanks and Best Regards.
Hm, it looks like you're speaking about bullish Gartley A=1.2970, B=1.3187. This extension exists, but first is context, extension is second. While we have bearish context on daily - we look at bearish extensions. Extensions themselves do not give us direction.Hi Sive,
thank you for your analysis.
Looking at the current daily chart, I would like to have you toughts about a possible bearish gartley. We have an A point at 1.2970, we then retraced 61,8 that is ideal retracement for the gartley B point (1.3187). Now if market will retrace the 0.382 support around 1.3113 we have the C point, so then you can think that we have probabilities to have point D at 1.3335 about 1.618% extension of AB?
Hello, Michael.Hi Sive
Thanks for all that you do here. I'm doing my best to tune in and am able to follow your analysis quite well, reading Joe's book many times as I go
My question might seem too basic but I need to be sure and I can't find the answer browsing the forum. What do you use to define trend? Is it a DMA, MACD or something else, and does it vary depending on which time-frame you are looking at?
Hi Mary,Hi Sive,
I'm watching for a triangle breakout on the 4 hr chart as part of a possible move up to the 1.36 level.
Mon is a holiday in the USA so will prob wait until Tuesday of this week.
Thank you Sive. What do you think about EU in Elliot Wave perspective? Is it possible that now we have a B-C correction to the upside?