TPS Method Bounce
Trend (Prior Uptrend)
Pattern (of consolidation below recent high)
Squeeze (volatility contraction)
Usually this resolves to the upside, letting all the contracted volatility energy out.
Also, Price usually bounces off the 34 EMA in an uptrend like this.
Targets are the 1.272 / 1.618 extensions of the swings in the consolidation. This is usually where high velocity moves terminate and take a rest.
Pattern (of consolidation below recent high)
Squeeze (volatility contraction)
Usually this resolves to the upside, letting all the contracted volatility energy out.
Also, Price usually bounces off the 34 EMA in an uptrend like this.
Targets are the 1.272 / 1.618 extensions of the swings in the consolidation. This is usually where high velocity moves terminate and take a rest.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。