MQP 17E MOMENTUM TRAP DOUBLE REVERSAL, DRAFT 1
HEADER - This is a supplement for 17D.
SUMMARY - This is the alternate outcome to 17D.
DETAILS - Right now we are still on 17D, links from A to E are below. This is a big under dog right now. But considering recent price action, you need to be aware of its potential.
NOTES -
1. odds of this right now, let's say 10% or less
2. but if gold hits 1945-1955 in 48-72 HOURS, START PAYING ATTENTION (at that point this would be 20-25%
3. If gold makes 1950 target and reverses to 1900 IN 16 HOURS OR LESS, this would be 40%-45% overall favorite (can't say majority favorite until all the lines are meshed out)
SUMMARY - This is the alternate outcome to 17D.
DETAILS - Right now we are still on 17D, links from A to E are below. This is a big under dog right now. But considering recent price action, you need to be aware of its potential.
NOTES -
1. odds of this right now, let's say 10% or less
2. but if gold hits 1945-1955 in 48-72 HOURS, START PAYING ATTENTION (at that point this would be 20-25%
3. If gold makes 1950 target and reverses to 1900 IN 16 HOURS OR LESS, this would be 40%-45% overall favorite (can't say majority favorite until all the lines are meshed out)
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.