The EWT Explanation as to why I'm Bullish
The elliot waves i have explained on the chart, with fib extenion levels of .127, 1.36, 1.50, 1.62, 1.78, with 1.5 being the mean. there are numbers up to 2.44 and higher...
As i have explained before at any instant there is a 50/50% chance of going up or down, all other indicators i have seen, except Squeeze pro, and EWT 80% chance of success.
So be ready for a download too, 20% hance think like Sun Tsu we are on deadly ground using out level 3 platforms, the Brokers probably have level 7 screens by now it used to be level 5 screens. If Paper wants to rip a hole in our little bullish world of chop and begin the MAXIMUM PROFITS downslide downtrend we all dream of finally being short As hell andmaking huge profits shorting all day long from R5 down to S6 or S7
I have been trying to teach everyone how to spot EW 4 and stay in a trade w/o paying hundreds of dollars a day in commissions, after wave 4 you get a rocket ship on steriods, impuslive, complex and in the TREND UP.
As i have explained before at any instant there is a 50/50% chance of going up or down, all other indicators i have seen, except Squeeze pro, and EWT 80% chance of success.
So be ready for a download too, 20% hance think like Sun Tsu we are on deadly ground using out level 3 platforms, the Brokers probably have level 7 screens by now it used to be level 5 screens. If Paper wants to rip a hole in our little bullish world of chop and begin the MAXIMUM PROFITS downslide downtrend we all dream of finally being short As hell andmaking huge profits shorting all day long from R5 down to S6 or S7
I have been trying to teach everyone how to spot EW 4 and stay in a trade w/o paying hundreds of dollars a day in commissions, after wave 4 you get a rocket ship on steriods, impuslive, complex and in the TREND UP.
Comment:
The Squeeze is firing long. red to black dots precede lite blue rally
Please check out Kauai Dave Pivot Traders on youtube. www.youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ
12 hour chart, the TTM swueeze shows the very end of the sellinc cycle, often initial buying before we start to climb on lite blue stochastics you can see in the future here.