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quanticopious15

02/26/16 9:46 AM

#136958 RE: quanticopious15 #136957

Yep, my need to know card hasn't expired yet......says here it's good thru "Till I figure this all out!" lol

Why do I get this felling we are going to see the daily hit it's trend line before A/U finally takes a breather on this latest daily wave up? Right now I've got a trend line drawn across TDI wave tops on the daily and the fast line has yet to break up through that trend line. This is the 6th weekly bull wish candle in a row. Will this weeks candle reach up and hit the weekly trend line? It's hit the 78.6 fib on the weekly, why not hit the 88.6 or even that trend line at the top of my weekly primary box level line?

pennies2007

02/26/16 9:56 AM

#136960 RE: quanticopious15 #136957

It's not that it's totally irrelevant...it's just that the FE tool I used previously on the AU 15 minute isn't relevant. I thought originally we were working on an initial Wave 4 peak and Wave 5 down on the 4 hour chart, in which case the earlier 15 minute chart would have been fine.

Turns out that the 5 waves on the 4 hour chart had already completed so this move back up right near the highs was actually a Wave 2 up on the 4 hour chart. So the 15 minute chart scenario I had earlier is no longer on the table...it's going much, much lower.