Was wondering ----
To your experience, does the parabolic nature of this rise
add more, less, or no difference to the
confidence of price action to at least stall at this resistance ?
Thanks for your thoughts !!!!!!
Petr_Suchanek
⋅
The parabolic upmove in this market formation (in the bigger picture) is a final move in my unconventional pattern before a more serious drop. If the pattern (I call it a "free fall", refer to my older trade ideas...) holds true, it might be a very nice trade.
Now the price is stalling at the level forming a few tails, so it looks good so far.
Let us see.
Petr