The range i am talking about is 49.53 (high) to 34.46 (low).
49.53-34.46= 15.08 range.
Today the gave a tenkan kijun cross to the upside.
By using the 15.08 price pattern this puts the market at $64.61
if you scale out to a weekly chart you will notice that the 64.61 price range lines up with a nice .
By scaling down to a to find an entry, and then macro managing the trade from a weekly chart can be down.