Buyers will continue to push price higher as mentioned a few year back and about 10 years from this area will be sealed off as historical data as the market reaches new highs..
As mentioned the proof is at the highs as buyers are testing historically sellers with the st that broke above the range without a test below the range shows buyers are stronger and don’t want lower price m they are happy to buy at the support level of the lower range.
The secondary test about the range had decreased momentum always to the low seen here on the weekly n daily timeframe during the decline .. a indication we mentioned during that year . And a year later price is under the range resistances. If u had took the setup n held as mentioned u would had been winning
The market will give another great opportunity to catch the bus…
As the market is micro ranging right now,
The anticipated moves as we said is a return from a low , in which now this may come as a fake break below the support level of a range .
So we watch to see the market take out early buyers first and then buy soon after they buy ! Sl the lowest return, any lower move will retest the support of the larger range for a spring, but we doubt this cus buyers had already liquidated orders above..
Tip
Entry/signal bar - Monthly/weekly tail formation
Daily entry one a dwn move after monthly/weekly signal bar
No excuses
Gl
As mentioned the proof is at the highs as buyers are testing historically sellers with the st that broke above the range without a test below the range shows buyers are stronger and don’t want lower price m they are happy to buy at the support level of the lower range.
The secondary test about the range had decreased momentum always to the low seen here on the weekly n daily timeframe during the decline .. a indication we mentioned during that year . And a year later price is under the range resistances. If u had took the setup n held as mentioned u would had been winning
The market will give another great opportunity to catch the bus…
As the market is micro ranging right now,
The anticipated moves as we said is a return from a low , in which now this may come as a fake break below the support level of a range .
So we watch to see the market take out early buyers first and then buy soon after they buy ! Sl the lowest return, any lower move will retest the support of the larger range for a spring, but we doubt this cus buyers had already liquidated orders above..
Tip
Entry/signal bar - Monthly/weekly tail formation
Daily entry one a dwn move after monthly/weekly signal bar
No excuses
Gl