Shout out to themerle for mentioning me on their site, and shout out to @philipvdlinde for being an awesome mentor! :)
We'll probably see a small breakout above or under the current consolidation (422.10 or 436.45), and then a rejection, followed by a trend in the opposite direction. In a bearish trend scenario we'll see the price will fall to around 372 followed by a trendswitch.(upfollowing targets listed in chart) In a bullish scenario we'll see a run to 453. (if that happens i'll make a new chart with new targets)
Keep in mind: If :"We'll probably see...in the opposite direction." doesn't HAVE to happen, if it doesn't iit'll still probably follow the chart. There is a pretty big chance you'll see this price action in a consoliddation, and that chance is especially high with the 3rd marked (by blue pinpointers) consolidation.
I think that we'll follow the ICT MM Buy model and NOT the Sell model, because the macro trend is bullish. But it's always good to list other likely possibilities in your chart though.
We'll probably see a small breakout above or under the current consolidation (422.10 or 436.45), and then a rejection, followed by a trend in the opposite direction. In a bearish trend scenario we'll see the price will fall to around 372 followed by a trendswitch.(upfollowing targets listed in chart) In a bullish scenario we'll see a run to 453. (if that happens i'll make a new chart with new targets)
Keep in mind: If :"We'll probably see...in the opposite direction." doesn't HAVE to happen, if it doesn't iit'll still probably follow the chart. There is a pretty big chance you'll see this price action in a consoliddation, and that chance is especially high with the 3rd marked (by blue pinpointers) consolidation.
I think that we'll follow the ICT MM Buy model and NOT the Sell model, because the macro trend is bullish. But it's always good to list other likely possibilities in your chart though.
