Fractals are a natural pattern, not manipulation or any other thing. I believe in fractals.
However, it's a theory now and I have to look at it closer. ;)
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this was from our EoS trade if you remember :) rings any bell?
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just broke up from a cup and handles the first target will be around 15500 area, but it's gonna face a heavy resistant there. I'll probably play the last parabolic blue sky part.
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working toward the cup and handles target.
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Here is the game plan. we have to wait patiently for it to come! I expect it to hit an all-time high in 1 day, and retrace to 0.38 fib line in 4-5 days.
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then we go for a 3% risk 113% reward trade.
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a trader should be a sniper, not a machinegunner! be patient choose the correct targets and have a game plan!
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moving to where we want it to go :P I expect it to hit the all-time high again in 1 day and retrace down from there.
get ready the big trade is getting cooked will be ready in 1 week. :)
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all-time high done exactly in 2 days as i expected. I expect it to retrace a bit.