Based on its current position it wants to break even to consolidate on whatever timeline the intitutional algo is trading on. It should break even to 40890 by midnight tonight. After taht there could be a pretty nasty dip to shake out any traders with stop losses just below the low of the last 25-34 candles. Then there should be a sharp move up as it hits fomo and runs for profit.
by iCantw84it
04/23/2022
by iCantw84it
04/23/2022
Comment:
Give it until 950am 4/25 tomorrow morning.
Comment:
So it took 2 days to get there but it got there.....I always say time isnt something we can actually truly predict. The psychogy of retail can speed up or slow that down