My final word for this week

So first of all is 16/8 and a $1897. A must buy and an absolute bottom. They might try and break through, but it will hold. Next is 17/8 which is a very very bold move. I've done alot of researching and there is nothing else comming up exept this level. I say again, its a huge move in a very short time. I will play for it that's for sure. After that i can't give you much promise, because there are two options, we eather drop to $1891 or we move in range. For sure there will be reaction when the cycle at 17/8 finish and we will see a drop, but price might eventually climb back up. We have to wait and see.
Good luck!

Note

Again apologise for updating so frequently. I'm still learning and trying to nail these cycle price points.

Note

If 1897 not hit by the open of new york, there will still be a bottom in the area. I just can't really tell where exactly. There is something i don't quite understand in the calculations, so those of you who want to trade it, a window of 1 hour at the open of NY is a good entry. I will be holding position untill Friday and see where price heading.

Note

SO here's the deal. If i dont see any good dip to $1903 in the NY OPEN SESSION i will not be placing any trade, because i dont like the price action. All my positions are closed. On the other hand if i see a dip i will BUY and i will hold utill NY session on Friday. No price targets, just time value

Trade active

Opened a trade at $1903. I will open a bigged position if price dips lower. Target is eather $1915 or Friday NY open session.

Trade active

Another position opened at $1901 Now waiting.

Note

Time to play some video games while the markets doing its thing. I will update when i close my positions.
Trade smart.

Order cancelled

I've closed my positions, somehing looks fishy. I dont like it. Cycles might have inverted and price might head lower. I prefer to stay away the other dates.

Note

I've hopped on a sale because i think cycles inverted. I'm willing to take the risk. Week has been a disaster for me and i cant get any worse now. If i'm right, $1907 level should be unpenetratable for the next 2 days. that may lead to price heading much lower, because the higher cycle will be force to look for other mathematical equivalent to complete. I'ts a gamble i'm willing to take with small contract.

Note

We are probbably looking at a huge waterfall comming with atleast $40 drop. I'm not giving any potential price points atm, only dates.

Note

There are far bigger and powerfull cycles at play here which i havent researched yet. They are driving the price down like this.

Trade closed manually

I closed my positions at 1893 early this morning. Fast reaction before the drop, it was a close call. I'm done for the week. I will wait Teusday next week to look for a sell oportunity. Happy trading everyone and stay smart.

Arinox

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