Chart, page-3028

  1. 4,749 Posts.
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    For MEK, I'd like to see the ema consolidate, if that's the breakout entry. If taking the 50% fib entry (riskier IMO) then yeah, all go.

    RSG below, is an example where we don't have the 4 waves, these are probably a riskier setup but I have seen a few of them work out...
    https://hotcopper.com.au/data/attachments/6975/6975844-9b14f0589f2776f4ace4e30d994c1daa.jpg

    MTM chart is the same as TMG but the lowest low came second, in my mind this won't matter if we get a consolidation above the 65, the setup should still be valid.
    https://hotcopper.com.au/data/attachments/6975/6975849-21e1e9621d94e9003dee6824d5101cc3.jpg

    TMG: Major low first then a higher low.

    https://hotcopper.com.au/data/attachments/6975/6975854-5bf9dc69ed130989ed79b277fa89a60e.jpg

    TMG and MTM are basically the same chart, I just don't think the second low on MTM invalidates the setup, it's still a bottoming process IMO. The most important factor should be the consolidaiton above the 65, confirmed bt the 8/9 ema.
 
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