Sounds dramatic?
...I think it is.
Every commodity has it's price. But only the one that Humans are giving it.
Why has Gold failed so many times to make new highs? Why did the Bank of Canada sold (most or now all?) its Gold in 2016?
Yes, I know, we don't trade on fundamentals, but pure price and Action/Reaction. However, sometimes fundamental facts have their merit.
Away from the fundamentals and on to the real "meat":
The white up sloping Fork projects the most probable path of price. Even the Centerline was hit a couple times, without any clear indication to close or even stay above the balance.
Instead price dropped, gone sideways and then it happened...the L-MLH (Lower-Medianline-Parallel) was broken.
A simple break by itself is no intention to proceed the journey to the South. But when the L-MLH was tested a couple times, then the time is ripe to bring the wounded booty down to the ground.
Like a predator is hunting as economically as possible, saving energy and looking for signs for high probability success, we as Forkers are sitting patient...until the time has come, which is now.
Real Forkers are now short this market and stalk the booty until it's out of energy and ready for the final hit...
Let's have a feast at the Centerline...
§8-)
P!
...I think it is.
Every commodity has it's price. But only the one that Humans are giving it.
Why has Gold failed so many times to make new highs? Why did the Bank of Canada sold (most or now all?) its Gold in 2016?
Yes, I know, we don't trade on fundamentals, but pure price and Action/Reaction. However, sometimes fundamental facts have their merit.
Away from the fundamentals and on to the real "meat":
The white up sloping Fork projects the most probable path of price. Even the Centerline was hit a couple times, without any clear indication to close or even stay above the balance.
Instead price dropped, gone sideways and then it happened...the L-MLH (Lower-Medianline-Parallel) was broken.
A simple break by itself is no intention to proceed the journey to the South. But when the L-MLH was tested a couple times, then the time is ripe to bring the wounded booty down to the ground.
Like a predator is hunting as economically as possible, saving energy and looking for signs for high probability success, we as Forkers are sitting patient...until the time has come, which is now.
Real Forkers are now short this market and stalk the booty until it's out of energy and ready for the final hit...
Let's have a feast at the Centerline...
§8-)
P!
Remove subjective trading:
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Remove subjective trading:
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.