Quote:
Originally Posted by cadarkitek
PipChick it seems you are on a break today.
I'm looking to go long if price should bounce @ .382/.618 C-convergence. See pic below.
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hmmmmm very nice observation cadar....I see a down h/s forming on the 1 hr so we could see some temporary downward move if the NL gets breached. I will post a chart a little later. We could also see a nice move to the upside if the the rt shoulder gets violated (breached)