This is the H4 view of the hopeful "right shoulder" of the Daily Inverse Pattern everyone is so excite about...
But this is a good bear pattern in disguise.
Its technicals line up perfectly.
Wait for your entry in the Premium zone.
Take profit in the Discount Zone, watch for a reversal there.
Good Luck!
But this is a good bear pattern in disguise.
Its technicals line up perfectly.
Wait for your entry in the Premium zone.
Take profit in the Discount Zone, watch for a reversal there.
Good Luck!
Comment:
We are looking at a very bearish rising wedge on a daily timeframe.
It seems to be acting as most historical wedges do in terms to respecting the trendlines and rising price with falling volume.
I am expecting a small spike after a day or two of consolidation and then a sell off. Eyes open!
It seems to be acting as most historical wedges do in terms to respecting the trendlines and rising price with falling volume.
I am expecting a small spike after a day or two of consolidation and then a sell off. Eyes open!
Comment:
This is an updated look at what we may expect.
Comment:
Guys, we completely crushed this.
Great work gentlemen, let get ready for the next move up.
We are watching the green daily discount zone for a 30M or better confirmation.
Will update with a new idea.
Lets work.
Great work gentlemen, let get ready for the next move up.
We are watching the green daily discount zone for a 30M or better confirmation.
Will update with a new idea.
Lets work.
I will take this short if I get a 30M confirmation.