I think all magnitude is worked out. Hate to call it, but, it is time. See you all on the moon.
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Just hit wave 5 of 1 extensions, log on or off, and MIGHT get a retrace back to under 11. MAYBE. Closed <5% of my position, and will restrike strike strike on retrace.
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BUT, not on negative divergence. This may be middle of the wave. A breach of 11.91(log 12) will confirm we are not retracing from here. LETS GOOOOO
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Upside breach. As far as I can tell, the sky is the limit. I won't comment any further.
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We have crossed up past the first lesser (B), which bodes well for continuation to the upside. I also see, and even w adjustments I have made in my chart, we have crossed the Intermediate (1) line (gold line) and this too is a good sign, imo. This is expected, and has been predicted by so many. for so long, BUT It is all in the candles, so tell that to anyone who wants to talk to you about muh FuNdAmEnTaLs. It is really just a guess to try and count magnitude UP at this point, so I will continue to observe and cherish the 500 I bought at the bottom. Best to ALL, Cuz
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I think we are getting a deeper correction, here, could be wrong, but I liquidated 80%. More to the story, but even still, would not have done had I not seen what looks like an obvious A down, B up, with a C-wave down to follow. WILL RESTRIKE. Not a rec, at all, just being real. Still got 100
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Ok, so looks like we are getting the first wave 5, based on a count that calls this wave 3 of 5, and we got a higher low on MACD. This is the indication that this should be wave 5, the negative divergence, and I call it 3 of 5 because it is stronger than the last high reading. What I look for here is a move up short of 20, when the wave 2 would ideally start and for MACD to not go higher than today's reading for continued Negative Divergence. I am flat, at this point, so will be observing until I see a good entry to restrike. BIG PICTURE, this move confirms my count, imo, bc it is a true wave 5 and happening on negative divergence. Buckly up!
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If anyone would be so kind as to tell me how to add pictures in idea updates, I would be obliged so to do here on this post.
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18.74 pre market...Looking for 18.78 min for off log 618 extension fib. log on fibs are higher, and could hit over 20...Looking forward to watching, but I am thinking still in line with broader market, at this point, where a morning spike across the board could get us into the box. Not looking for a deep 2, but will be scaling in probably with my last sell, first...lol
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Logarithmic it is...if not, log-off would suggest we continue on til morning. I never use log, typically, but who knows...We do have this high on negative divergence, so wave (5) is indicated.
Thanks, @apb270, but still having trouble keeps posting some other picture of my Gold idea...idk. Will keep tinkering with it.
Thanks, @apb270, but still having trouble keeps posting some other picture of my Gold idea...idk. Will keep tinkering with it.
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