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Re: pennies2007 post# 120967

Saturday, 08/10/2013 8:47:02 PM

Saturday, August 10, 2013 8:47:02 PM

Post# of 140146
All makes good sense pennies. I did wonder if the B type wave of the previous daily wave up was too sharp and immediate or somehow wasn't meeting goodman wave rules. I do believe it's going to bounce before much longer and I must may reenter again tomorrow and add if it drops. I hate doing that though. I'd much rather take a very small loss and then reenter at the next major support line, but in this case I think I'll be ok even if I have to add 100 odd pips below current price as price will be hitting the major daily pennant pattern bottom line of support.

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