Price Action Kewltech Style

March 23rd, 2018, 07:30 AM

Eug911

Here is my understanding of the Longer term trend / progression for GC.

Daily Chart shows these last tests at 1362 as us testing for the third time the Support that we failed to gain back in 2016 highs. We have been testing this area with less momentum each time.

We still have the leg start on the lows of 2015 untested. So its possible that we will go down there at some point.

I am thinking that if momentum starts waning, the leg start of the last leg down on the intermediate time-frame at 1350 should provide a good down move which may even take us to new lows below the 1307 level.

Am I getting the right idea here with bringing in the longer term trend / time frames?

I went and looked at Kewltech. Read entries#76,77,78...maybe read it MORE THAN ONCE!!

March 23rd, 2018, 07:32 AM

Will do, thanks. I am on my third read through the blog. Every time I get something new.

March 23rd, 2018, 07:36 AM

Eug911

Will do, thanks. I am on my third read through the blog. Every time I get something new.

Good! What I have noticed is no matter what it is, people are too lazy or impatient to take the time and really understand or explore something new..TAKE YOUR TIME!

March 23rd, 2018, 08:31 AM

Eug911

Will do, thanks. I am on my third read through the blog. Every time I get something new.

So by moving from s to R or vice versa whats it doing the momo of your adjacent higher tfs momo n wiping out as possible R or levels of S so the higher tfs can head to whats UNTESTED IN THE CURRENT MOVE AND IS IMPORTANT TO THE CURRENT BIGGER TF MOVE THAT GAVE THE L OR H OF IMPORTANCE

March 23rd, 2018, 08:32 AM

Eug911

Will do, thanks. I am on my third read through the blog. Every time I get something new.

So in the case of Gc you knew what it was doing since the Feb L

March 23rd, 2018, 08:45 AM

We have been in accumulation since FEB 8th Low.... targeting new highs maybe hmm. Technically the leg start at 1350 should still provide resistance though doesn't it?

March 23rd, 2018, 09:16 AM

Eug911

We have been in accumulation since FEB 8th Low.... targeting new highs maybe hmm. Technically the leg start at 1350 should still provide resistance though doesn't it?

If u have the resource in front of you why dont u use it, read it N REALLY UNDERSTAND IT and ise that thing sitting on your shoulders instead of guessing???!!!

March 23rd, 2018, 10:52 AM

1zach4

I have a PDF of the entire blog

Would you be willing to share the copy of the blog? I've been following this post and it's really interesting.

March 23rd, 2018, 10:54 AM

latron

Would you be willing to share the copy of the blog? I've been following this post and it's really interesting.

KEWLTECH

March 23rd, 2018, 10:56 AM

We got the 1350 reaction...
Is it gonna have legs....lets see.

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