Harley, thanks to you pinagisipan ko ito ng mabuti kahapon hehehe Bought yesterday and sold today for a 7% profit. Di ko na nahintay yung pt D ng AB=CD hahahaha!
Titingnan ko uli ito sa monday, baka kayaning lagpasan yung pt D
Whew, di na nga nya inabot yung pt D. With today's candlestick, can we consider the AB=CD as invalidated? Or is the difference of two flucs between the highest price and pt D enough to say that the pattern was completed?
I think it was reached already 2.24 projection (3.73) coming from a b of 3.46 and a c of 3.24. The highest point was 3.75. Pitchfork trendline was reached as well. Wasnt able to ride that one but Im looking at entering 3.49 (50% retracement). Support line is in the area of 3.47-3.49.
3.5 was hit today, close to the 3.49 entry target. Price went up from 3.5 to 3.6 so fast. Was only able to enter 3.6. Hoping that this would be the next run up to 3.91.