Watch for our strong selling purple to continue to push us down to support at orange.
If however yesterday's push down was to prove tapering on orange, we could see a breakout of purple and be back within our magenta tapered controlled selling to continue to move up.
Keep an eye out and I will update you as price develops!
Great video! You nailed it again. I got in a little early but it looks like it's setting up to be a very profitable trade.
TraderDaddyOG
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@bossmanboating yessir thank you! Definitely saw those early shorts and with clear signs of tapering on orange the afternoon bounce was no surprise. Looks like we’re seeing a potential gap up overnight after breaking out of purple strong selling. Will do another analysis tomorrow if there’s real development!