16 replies to this topic

[iloli way]

Aug 21 2015, 11:35 AM

Aug 21 2015, 11:35 AM
Can't post chart from my phone. I'm looking at my other ORTHODOX chart ( did not show you yesterday ), today's low sits RIGHT ON its lower orange wedge line. So, this must be it. Show u when I'm back.

Orthodox, cuz line starts from left to right, hugging more price history's low points. That makes wedge tighter. Also make today's low lower than that unorthodox line.

If you like, try connect Lows of 7/31 and 8/6 on same hourly chart, you'll see a 5_point_line shoots right thru today's low.

[iloli way]

[iloli way]

Some caught it ?

(wait 24 hrs check fingers)

[iloli way]

Fewer (know) the better !

[iloli way]

The 3rd assault underway, with bullish army AMASSED beneath the Orange Line, right now as I write.

"Third time is the charm."

[iloli way]

Third IS the charm.

Two shorts when price fail at two red lines (see chart). Otherwise no fail then see it to next Purple Line, Green Line.

[iloli way]

Ms. Price saw and obeyed the first thin Red Line after LOL had made it visible.

She took a detour accordingly, as we all can see, for now.

[iloli way]

[iloli way]

When upper Red Thick Line obtained 2 more new points over the weekend, and reformed a new parallel channel with the lower Red Thick Line; the 2nd short was triggered at Rule Of Four rejection yesterday at 9 AM.



Cash RUT daily Doji also confirmed a KOD.

Now, as long as price remains above the Lower line of the Orange Wedge, keep trading between the two thick red lines.

Purple and Green Line above, including Upper Orange Wedge Line, and the Blue Lines below, are all still 'in play' too.

Edited by iloliway, 01 September 2015 - 10:12 AM.

[iloli way]

Less than 35 mins to the open of the 1st trading day after Labor Day (US) and Muscle Day (China) weekend.

You got to admit, the 'invisible hand' is directing Ms. Price to obey the LOL, now we upgraded/updated to the 5-hour chart, the Purple Line is clearly the one that rules the GPS right now. See for yourself.

Posted Sep 1 2015, 08:09 AM

Now, as long as price remains above the Lower line of the Orange Wedge, keep trading between the two thick red lines.

Purple and Green Line above, including Upper Orange Wedge Line, and the Blue Lines below, are all still 'in play' too.