@badcharts1 Once you realize you have access to variety, you won't feel STUCK to always trade/date the SAME instrument/woman, no matter how BADLY it is treating you! 😜
@badcharts1 If our spouse continuously treats us badly, we may try a trial separation and scan the OTHER tradeable/dateable instruments/women out there.
@badcharts1 My bad, dad joke on my part. Our beloved Gold has been treating us all badly the last 2 months with directionless chop and breaking below the 48 period MA, ichimoku cloud and increasingly, new overhead resistance levels.
@badcharts1 Once you realize you have access to variety, you won't feel STUCK to always trade the SAME instrument, no matter how BADLY it is treating you!
#Oil here is an example why trading needs to be handled by multiple tf if you are doing #wave analysis 1m suggest a 5 wave structured rally. No divisions on the 15, and the 4-8 hour suggest more selling pressure. Until that bullish candle gets retested and could carry a little more closer I will set some alerts on this one and let anther 4-8hrs play out. Down top approach could get you into to many bad trades.
#Oil is there another war around the corner? zz=W, triangle =X, what will Y look like? patiently waiting for the next move in this Wycoff spring test plays out