As mentioned last year the market is going up to retest the high.. and expect this move this summer 2023. Where we can short price and Tp the range zone here.
Sellers will like to get a measured move down to the breakout point, thus is momentum proves that to be the case the Tp will be partial 75% off and the remaining 25% at the measure move swing ..
But the market is bullish
Buyers will anticipate trapping the double top neckline break, into inefficiency grap as the up breakout bars here in blue as a retest of volume surge . This will been seen beforehand with clusters bars prior to the neckline break where sellers will place their sl for the double top neckline breaking. The first downthrust on daily or 4 hr chart within the up bar zone should be brought as the market is faking out the double top which is ideally expected to see higher prices
Expect 2-5 years for completion
Gl
Sellers will like to get a measured move down to the breakout point, thus is momentum proves that to be the case the Tp will be partial 75% off and the remaining 25% at the measure move swing ..
But the market is bullish
Buyers will anticipate trapping the double top neckline break, into inefficiency grap as the up breakout bars here in blue as a retest of volume surge . This will been seen beforehand with clusters bars prior to the neckline break where sellers will place their sl for the double top neckline breaking. The first downthrust on daily or 4 hr chart within the up bar zone should be brought as the market is faking out the double top which is ideally expected to see higher prices
Expect 2-5 years for completion
Gl