Look at me, Pumpkin Cloud. Not over here, here.

Whatever does not kill you, might still turn you into an unadulterated retard mofo. Not everyone gets to born in Cunningham.

Credit Karma has been saying for years that my credit limit wasn’t high enough.

Some of the million lessons transpired in 3 weeks would make even a grow up pros start begging for mommy. After taking losses left and right, half the time without reason I’m barely in gains with $678. I traded some gains made to squat some outdated holdings – a technique worth considering.

I don’t want to bore you with the details of how problematic a full hedge is and what it is like having to improvise when you realize that your train of thought is being derailed real time (remote computer operated by cell phone muting hedgers whilst auto trading still runs to secure the execution of the trail stops for the pending spike low – constantly re-fitting codes for positions that are being threatened & taking profits with extreme care avoiding margin issues – all during working someplace). A saga of 11.2 naked lots and all the stupid bias you can collect on YouTube etc.

Definitions clarified:

A push is a weekly move that exceeds last week’s terminal by more than 50% of its length.

AxelHU[i]=(High[i+1]-Low[i+1])/2+High[i+1];
AxelHL[i]=Low[i+1]-(High[i+1]-Low[i+1])/2;

A continuation move of a wave may arrive from the E8, E16 or E44 (always them Fibonacci numbers).

Let’s look at these entries in relationship with the Holy Graph.

This push did not even wait for the 8 EMA. The 4 I don’t display.

Most traders convert their equity to balance.

Balance is not something you have, but what the broker is looking to make off of you.

All you have is the equity side of the entire rope, the balance in this tug of war.

Therefore you must make an effort to build equity.

However counter intuitive it sounds, taking a loss does not decrease your equity, but by shortening the length of the rope and the margin percentage with it, this can be used to your advantage.

---

An impulse wave does not finish on strength, but rather a taper.

This reversal divergence is called just divergence by some people, and they call the continuation divergence a reverse divergence for max confusion. Since the “divergence” has no qualifiers, it must be easy to guess what its opposite would look like.

---

Do not anticipate, participate.

---

Always hedge in steps and do not exceed 70% unless you are hedging last week’s push terminal.

…but you don’t want to learn from me, who can only make thousands and ends up having to fight for the same money multiple times. You want to learn from millennials who can make millions. They were somehow born right.

The sign of strength / weakness plots on the chart:

   dir[i]=dir[i+1];
	if (RSI2[i]>85) dir[i]=1;
   	if (RSI2[i]<15) dir[i]=-1;


   ////sign of strength
   
   if (dir[i]>0 && dir[i+1]!=1){
    ObjectCreate(0,"Ibjecyy"+i,OBJ_TREND,0,Time[i],High[i],Time[iLowest(symbol,0,MODE_LOW,6,i)],iLow(symbol,0,iLowest(symbol,0,MODE_LOW,6,i)));
            ObjectSetInteger(0,"Ibjecyy"+i,OBJPROP_RAY_RIGHT,false);
            ObjectSet("Ibjecyy"+i,OBJPROP_COLOR,clrBlue);
             ObjectSet("Ibjecyy"+i,OBJPROP_WIDTH,9); 
             ObjectSet("Ibjecyy"+i,OBJPROP_BACK,1);   
   }
   
   
   
   ////sign of weakness
   
     if (dir[i]<0 && dir[i+1]!=-1){
        ObjectCreate(0,"Ibjecyy"+i,OBJ_TREND,0,Time[i],Low[i],Time[iHighest(symbol,0,MODE_HIGH,6,i)],iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,6,i)));
            ObjectSetInteger(0,"Ibjecyy"+i,OBJPROP_RAY_RIGHT,false);
            ObjectSet("Ibjecyy"+i,OBJPROP_COLOR,clrMagenta);
             ObjectSet("Ibjecyy"+i,OBJPROP_WIDTH,9); 
             ObjectSet("Ibjecyy"+i,OBJPROP_BACK,1); 
        
   }

aka the Macdulio doctrine

Equity hedging should happen in 3 steps.

40%, then 50% of the remainder, then all.

Don’t forget to adjust the hedging direction for less surprises.

A liqidity event is when people get margin calls en masse.

A push means having to hedge in full size at the last weekly terminal for a beat or a liquidity enent.

Being in a push means that there are only forced enents and no support levels.

A push that did not make it outside the window envelope can be faded the next week 30-40 pips out.

A push that did make it outside the window envelope may be followed by another push – this would be a liquidity event.

During a push all secondary buy signals must be ignored; only primary buys are good enough for defiance.

Ask yourself the question: is this a primary buy? If not, it is a sell.

…better

, here’s why I think there will be a lower low – the spike into the overdrive line plus the inertia of having reached 6x stretch from the mean

There are 5 digit and 6 digit brokers.

What about this statement then listing open positions that are all about to hit their target price simultaneously.

Without mentioning the absence of separating lines and the funny font and the absence of decimals after the “10 lots”, people are eager to believe on LinkedIn anything that is too good to be true.

Wanting to believe that someone can trade like that and their only desire is to start managing your money as well – that’s your problem. For your own sake, you need to start unfollowing cell phone snapshot statement posting scammers.

Too tired to talk today, so I’ll just let the music play…

   ////strength sellable
      
   if (i>0 && RSI2[i]-RSI2[ArrayMinimum(RSI2,5,i)]>80 && iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,30,i-1))>iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,44,i+31))
         && RSI2[ArrayMinimum(RSI2,12,i)]>1){     
             
        ObjectCreate(0,"Eightyyy"+i,OBJ_TREND,1,Time[i],RSI2[i],Time[ArrayMinimum(RSI2,4,i)],RSI2[ArrayMinimum(RSI2,4,i)]);
            ObjectSetInteger(0,"Eightyyy"+i,OBJPROP_RAY_RIGHT,false);
            ObjectSet("Eightyyy"+i,OBJPROP_COLOR,clrOrange);
             ObjectSet("Eightyyy"+i,OBJPROP_WIDTH,12); 
             ObjectSet("Eightyyy"+i,OBJPROP_BACK,1);   
   }
   
   
      ////strength not sellable
      
   else if (RSI2[i]-RSI2[ArrayMinimum(RSI2,4,i)]>79 && RSI2[ArrayMinimum(RSI2,24,i)]>1){     
             
        ObjectCreate(0,"Eightyyy"+i,OBJ_TREND,1,Time[i],RSI2[i],Time[ArrayMinimum(RSI2,4,i)],RSI2[ArrayMinimum(RSI2,4,i)]);
            ObjectSetInteger(0,"Eightyyy"+i,OBJPROP_RAY_RIGHT,false);
            ObjectSet("Eightyyy"+i,OBJPROP_COLOR,clrCyan);
             ObjectSet("Eightyyy"+i,OBJPROP_WIDTH,12); 
             ObjectSet("Eightyyy"+i,OBJPROP_BACK,1);   
   }
   
   
   
   ////weakness buyable
   
     if (i>0 && RSI2[ArrayMaximum(RSI2,4,i)]-RSI2[i]>78 && iLow(symbol,0,iLowest(symbol,0,MODE_LOW,30,i-1))<iLow(symbol,0,iLowest(symbol,0,MODE_LOW,30,i+31))
         && RSI2[ArrayMaximum(RSI2,12,i)]<99){     
        ObjectCreate(0,"Eightyyy"+i,OBJ_TREND,1,Time[i],RSI2[i],Time[ArrayMaximum(RSI2,4,i)],RSI2[ArrayMaximum(RSI2,4,i)]);
            ObjectSetInteger(0,"Eightyyy"+i,OBJPROP_RAY_RIGHT,false);
            ObjectSet("Eightyyy"+i,OBJPROP_COLOR,clrChartreuse);
             ObjectSet("Eightyyy"+i,OBJPROP_WIDTH,12); 
             ObjectSet("Eightyyy"+i,OBJPROP_BACK,1); 
        
     }
     
     
       ////weakness not buyable
   
    else if (RSI2[ArrayMaximum(RSI2,4,i)]-RSI2[i]>78){     
        ObjectCreate(0,"Eightyyy"+i,OBJ_TREND,1,Time[i],RSI2[i],Time[ArrayMaximum(RSI2,4,i)],RSI2[ArrayMaximum(RSI2,4,i)]);
            ObjectSetInteger(0,"Eightyyy"+i,OBJPROP_RAY_RIGHT,false);
            ObjectSet("Eightyyy"+i,OBJPROP_COLOR,clrCrimson);
             ObjectSet("Eightyyy"+i,OBJPROP_WIDTH,12); 
             ObjectSet("Eightyyy"+i,OBJPROP_BACK,1); 
        
     } 

Today we are talking about a global warning and what is beyond infinity.

I would suggest to start keeping an eye out for the following vista:

3x shy aka triple X. Particularly lethal mountain combination in an embedded market. Of course, if you are a price action trader, you don’t need this kind of a help. Just watch out for the side effects!

if (RSI2[i]<RSI2[i+1] && RSI2[i+1]>RSI2[i+2] && RSI2[i+1]<87.5 && RSI2[i+1]>60){
 siscounter = 1;
 j=i+2;
 while (j<i+12){
   if (RSI2[j]<8) break;
   if (RSI2[j]>87.5) break;
   if (RSI2[j]<RSI2[j+1] && RSI2[j+1]>RSI2[j+2] && RSI2[j+1]<87.5 && RSI2[j+1]>60) {siscounter++; j=j+3;}
   j++;
 }
 if (siscounter==3 && (RSI2[j+2]>87.5 || RSI2[j+3]>87.5 || RSI2[j+4]>87.5)){

Which of the following lines above is making sure, that this triplet does not get picked up as a Tripoli below?

What you are looking at here is opening sells into strength way ahead of the CPI (positioning). What you need to understand is that there was going to be selling regardless of what the actual news / reading would turn out to be. Then they would start adding to their holdings as the sheeple (Johhny Come Earlies) were going short dxy hearing aboit the record level of inflation.

I certainly had an issue with the looks of the last leg down. It did not bear signs of tapering on the daily chart.

The Mastodon trendline was made. A scare on it or a near miss to end the downside progression would do. We are pushing 3x stretch from the mean (2.9413x)

What other targets may be at play here?

What about the hierarchy mentioned in the last entry? The first image shows the scare on the Overdrive line, it’s called “Grand Exit”.

The overdrive itself is a 2×2 Fluctuation Maximum displacement of the E-32. Cca 83.6 pips.

The projected distance call made by the A leg down has received its follow through by making a beat beyond 1.1464.

I’m about to teach you the hierarchy of fading targets.

E16, E32, E89, safety, (shadow)

There, that was my quickest lesson ever.

We listen to what Scott Barkley says, and we give consideration to his words, but we keep our opinion to ourselves: “it does not worth for banks to make a move smaller than 55 pips”.

We listen to what Macdulio says about the Eur/Usd’s daily volatility and store in the back of your mind that this instrument 80% of the time would average 80% of 80 pips (yet another Fibonacci number).

So now you should have a sense of what pip size to aim for given that you are not likely to get the top and the bottom of the day with your entries and exits.

We are going to use the signals of the Holy Graph in combination with the Stochastic Bars Hybrid to get the entries right.

3 of the 5 exits are easy to plot.

E-16 HL2 (the Suppressor) is in Blue

E-32 HL2 (the Divider) is in Yellow

and E-89 HL2 (Leon, the Pro) is in Indigo

The Safety lines are 28-pip displacements of the E-32, so you would need a routine to plot these

and the Shadow lines are an additional 10 pips further away

So here is the LT (lieutenant) version of the Holy Graph. It was dumbed down a bit (less cluttered).

Yes, I left in the Forest, the 4H overbought / oversold levels, and a bunch of other stuff. You only need to pay attention to the dotted lines, the moving averages and the 3 rows of cubes printed onto the RSI below.

Without going into details about the algo of the large squares (send functions, faith healers, E207 and E67 crosses), here is the plotter of the 3 rows:

First, the easiest signals, the instant sells / buys.

When you have 2 squares of the same color and the Stochastic Bars Hybrid has a corresponding peak signal, that’s an immediate buy/sell signal and the targets are the safety and the shadow lines at the opposite end (vertical lines).

 for (i=100; i>=0; i--){
  if ((High[i]>E32[i]+380*Point || ESW[i]>0) && dir[i]>0 && ExtMapBuffer3[i]!=EMPTY_VALUE)
   {
    ObjectCreate("I-"+IntegerToString(i),OBJ_VLINE,0, Time[i], 1);
                  ObjectSet("I-"+IntegerToString(i),OBJPROP_COLOR,clrCrimson );
                  ObjectSet("I-"+IntegerToString(i),OBJPROP_WIDTH,1);
                  ObjectSet("I-"+IntegerToString(i),OBJPROP_STYLE,STYLE_DOT);
                  ObjectSet("I-"+IntegerToString(i),OBJPROP_BACK,1); 
      
   }
   
 
    if ( (Low[i]<E32[i]-380*Point && ESW[i]<0) && ExtMapBuffer2[i]!=EMPTY_VALUE )
   {
    ObjectCreate("I--"+IntegerToString(i),OBJ_VLINE,0, Time[i], 1);
                  ObjectSet("I--"+IntegerToString(i),OBJPROP_COLOR,clrDarkGreen );
                  ObjectSet("I--"+IntegerToString(i),OBJPROP_WIDTH,1);
                  ObjectSet("I--"+IntegerToString(i),OBJPROP_STYLE,STYLE_DOT);
                  ObjectSet("I--"+IntegerToString(i),OBJPROP_BACK,1); 
      
   } 
} 

Now, pay attention to the double reds and double greens.

These white blocks highlight a swing low / swing high.

Your job as a trader to put out pending orders beyond the qualified swing as follows.

Say you trade 10 lots.

For the next 10 pips, you put out 1 lot each.

Target the next support based on the shown hierarchy.

I made my choice long time ago to trade like the house. This does not allow for stop losses. I have targeting, trail stop and hedging for alternatives.

This is how my trail stop routine adjusts the target of a Code 5, Code 6, Code 9 etc open position.

Is the tape move… movin’?

The world’s history is made up of venture capitalists and thieves.

Everyone knows the name of Bill Gates. He holds the patent for the MS Dos, the very foundation of Microsoft because he… coded it? Nope.

Everyone knows the name of Steve Jobs, but what did he invent?

Graphic operating system with icons and mouse? Nope. These were the invention of Xerox employees.

What about touch screen, that had to be Jobs, surely?!

Jobs was 10 years old then.

Wozniak? Yes, he has beautiful stories of circuit-layout optimization for lowering cost and improving on speed, but nothing falls under the invention category.

One may be patenting something to be able to build a monopoly and capitalize on being in the position of power.

I’m saying these things so that you understand that the world is made up of venture capitalists and thieves. The original inventors die in poverty for the most part and nobody cares to learn their names. In fact, there would be all kind of efforts to erase them from history by some slick capitalist criminals.

In contrast, I know, inventing an indicator does not sound like much. It isn’t normally. Combining existing things, like RSI and Stochastic to a Stochastic RSI I would not call an invention, they are modifications / improvements.

For my Energy Bands however I had to invent new thinking, new math that reverses fractal energy calculation in order to predict future likelihood that can come in handy when determining a wave structure. It is truly something that no one has thought of before, and may never think of even in the future. They are tied to my personal existence. They are an invention.

If you type in Tesla Founders, you get a Venture capitalist listed as the fist one who was only present when the company needed the A-round of financing. History in the re-writing.

The idea behind the high pitched voices here is to remind myself of this finding: a zero print starts an auction, but the auction can be finished an octave higher or lower.

As for the Trading Strategist, he is going to get a short list of exits to have shorten the briefing time for the trader.

In the interim, the Trading Strategist is satisfied about the lower low and the close back above the cover zone, giving his blessing to the bona-fide reversal and reminding the trader to dump the shorts accumulated into the close upon Next Week’s Open.

The Trading Strategist is doubly satisfied because he was expecting this close for the week all along, the “Opex” Friday was a bit of an unknown, but failed to profess anything unexpected.

& so the exit levels were born

Exit levels

-- Weekly pivot

-- Oversold neckline

-- Oversold neckline


Not embedded, going down

- Beat of last swing low 16-26 pips

-- Push on the upside: 10 pips beyond the previous week's sell zone


Embedded oversold

- Beat of last swing low; if it exceeded the envelope, the beat can be 30-40 pips, if it did not, 2 pips plus


-- Push on the upside: 30-40 pips beyond the previous week's sell zone

--- Continuation entry: hourly triple X



Not embedded, going up

- Beat of last swing low 20-30 pips

-- Push on the downside: 10 pips beyond the previous week's buy zone


Embedded overbought with the weekly low outside the envelope

- Beat of last swing high by 90 pips



Embedded overbought


- Beat of last swing high; if it exceeded the envelope, the beat can be 35 pips, if it did not, 10 pips plus


-- Push on the downside: 30-40 pips beyond the previous week's buy zone

--- Continuation entry: hourly triple X

A few things I had to jot down for future use / reference.

During embedding
1) push into the opposite zones triggers a new leg
2) a failure at the OS/OB comfort neckline can also trigger a new leg

• A leg ends upon
  1) failing in the cover zone the previous week (by penetration & close outside)
  2) taking out the swing point the next week and closing back beyond the entry end of the current or the previous
  cover box

Last week’s pivot may be a good location to re-enter

Without embedding

a push followed by a failure in the current weekly box can be the end of a leg if the 18-stoch is oversold/overbought
a scare on the 21 EMA is a continuation entry

I’m on the record for calling the Mastodon while it was printing.

No chest dangling here, I traded like a biach afterwards.

I went from the initial position of 9 lots long and 10.9 lots short to 9.5 lots long and 7 new lots of shorts by the end of the day, and wasted all of my short prior holdings covering them for chump change, like I always do. Don’t laugh, I only collected $420 today, bringing the month’s total to $5,576.60.

Now, the part where I gain some traction here (perhaps you can too) is drawing conclusions and making the necessary adjustments for the future.

The first miss of the day was not knowing how important a break is at the M print that was not preceded by a zero.

What I already had right was graying out the zero to the downside if it settles above the E-67 band.

///////////zero on the bottom
if (RSI2[i+1]<2.5 && RSI2[i]>3  && RSI2[i+8]>3 && RSI2[ArrayMinimum(RSI2,6,i)]<=RSI2[ArrayMinimum(RSI2,5,i+7)] )
 if (iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,12,i))-iLow(symbol,0,iLowest(symbol,0,MODE_LOW,2,i))>320*Point  && Low[i+4]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+4)
                        && Low[i+3]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+3) && Low[i+4]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+4) && Low[i+5]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+5)
                          &&  Low[i+6]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+6)
                      && Low[i+7]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+7) && Low[i+8]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+8) && Low[i+9]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+9) && Low[i+10]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+10)
                      && Low[i+10]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+11) && Low[i+11]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+11) && Low[i+12]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+12) && Low[i+13]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+13)
                      && Low[i+14]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+14) && Low[i+15]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+15) && Low[i+16]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+16) && Low[i+17]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+17)
                      && Low[i+18]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+18) && Low[i+19]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+19) && Low[i+20]>iMA(NULL,0,67,0,MODE_EMA, PRICE_HIGH,i+20))
                       ObjectSetText("Panaceadc"+DoubleToStr(i), "W1/A", 42, "Arial Black", clrRed);
                      }
                       else ObjectSetText("Panaceadc"+DoubleToStr(i), "0=1?", 22, "Arial Black", clrDimGray);

The Orange M had a level of importance that from now on it needs to be underlined.

I circled the hourly close below that 20-pip displacement, which also happens to be a close below the 2-sd 62-sample Linear Regression line.

The filter obviously is the sheer lack of a valid lower zero print in the last 46 samples and the RSI2 a little more precise.

if (RSI2[i+1]<10 && !zerodn[i+1] && !zerodn[i+2] && !zerodn[i+3] && !zerodn[i+4] && !zerodn[i+5] && !zerodn[i+6] && !zerodn[i+7] && !zerodn[i+8] && !zerodn[i+9] && !zerodn[i+10] && !zerodn[i+11] && !zerodn[i+12] && !zerodn[i+13] && !zerodn[i+14] && !zerodn[i+15] && !zerodn[i+16] && !zerodn[i+17] && !zerodn[i+18] && !zerodn[i+19] && !zerodn[i+20] && !zerodn[i+21] && !zerodn[i+22] && !zerodn[i+23] && !zerodn[i+24] && !zerodn[i+25] && !zerodn[i+26] && !zerodn[i+27] && !zerodn[i+28] && !zerodn[i+29] && !zerodn[i+30] && !zerodn[i+31] && !zerodn[i+32] && !zerodn[i+33] && !zerodn[i+34] && !zerodn[i+35] && !zerodn[i+36] && !zerodn[i+37] && !zerodn[i+38] && !zerodn[i+39] && !zerodn[i+40] && !zerodn[i+41] && !zerodn[i+42] && !zerodn[i+43] && !zerodn[i+44] && !zerodn[i+45] && !zerodn[i+46])

The second thing I had to correct was another filter, this time for the Four-counter, which was much too restrictive initially to pick up the second fresh zero-sequence-starter first hour, due to looking for a too high RSI2 reading in the last 10 samples.

if (RSI2[i+1]>2.5 && RSI2[i]<2.5 && RSI2[ArrayMaximum(RSI2,10,i)]>56.5)
          cdncounter[i]=0;

That 4-count is there to remind me of the due inactivity: you need to let the market auction to play out in the following 3 hours, and only name your sell cover after the time was up (C-buy print on the chart.)

Now, let’s concentrate on the ellipses below for a guidance on what may happen next here.

Volatility is rampant currently, one break out occurring after the other – that’s flag #1

The vertical ellipses are there to call attention to a 4-hour move that comes with 50% increment from an already good sized 4-hour candle.

if (Period()==60 && iHigh(NULL,240,i+3)-iLow(NULL,240,i+1)>FSize*27*Point && iLow(NULL,240,i+1)<iLow(NULL,240,i+3) && iLow(NULL,240,i+1)-(iHigh(NULL,240,i+3)-iLow(NULL,240,i+1))*.5<iMA(NULL,0,52,0,MODE_EMA, PRICE_LOW,i)-FMax*5.5*Point && !(iClose(symbol,240,i+1)>iMA(NULL,240,52,0,MODE_EMA, PRICE_MEDIAN,i+1) && iLow(symbol,240,i+1)<iMA(NULL,240,52,0,MODE_EMA, PRICE_MEDIAN,i+1)) && iLow(NULL,240,iLowest(NULL,0,MODE_LOW,3,i))<iLow(NULL,240,iLowest(NULL,0,MODE_LOW,9,i+3))-250*Point){
           LowBuffer2[i*4]=iLow(NULL,240,i+1);
            HighBuffer2[i*4]=iLow(NULL,240,i+1)-(iHigh(NULL,240,i+3)-iLow(NULL,240,i+1))*.5; 

The point is, the move is deemed significant and receives a projection line. The significant move of course can be at the end of a structure or at the start of it.

In our case, the upside channeling confirmation value was not hit at 1.1699, but the one on the bottom got called in at 1.1580 – the first evidence for further downside to come.

The second evidence is the horizontal ellipse, which is the hotstepper line borrowed from the Energy Bands (proprietary). Being below it is not a good omen.

The third evidence is the strength of the move & the projection down to 1.1462.

The fourth evidence is the impulsive looking wave structure, where the continuation divergence is about to kick in the next wave down.

It looks like wave 4 of Wave 3 is going to end by the close for this week. Wave 4 would only start after the taper of Wave 3 ends, and then there still would have to be a Wave 5.

The fifth element evidence is the sudden pause before the 1.1524 for a consolidation.

The only counter argument here would be a double bottom / higher low – but I do not see any rejection here for now.

Over & out.

The sixth evidence is the strong rejection from the 20% level on the Comfort Levels: you are headed for a lower low, and the window envelope interrupted red would be down around 1.1450 next week.

Freeze – reminder

Ma Baker

Ma Dalton (in Hungarian)

…