This is super exciting! I have been working with this white harmonic pattern from not 1, but 2 moves back for quite a while.
If human emotions across the globe are similar to what they were last January, We are looking at a nice support level for another level jump!
So… what will catalyze this epic move? Well, a nice pull back to recharge the RSI, and build some momentum to break through that heavy white dotted resistance vector. Clearing that cleanly and this should go like gangbusters.
#GoDOGeGoDOGeGo!
———— Lot’s of lines on this map, eh Spider-Man? I try to keep track of the prominent support and resistance vectors that generally corral the harmonic patterns as they bounce through space and time.
Use the scale bar to adjust the perspective of this, and maybe you can get the 3D view to pop into focus.
I also look at the chart with the drawing hidden most of the time… (option command H). once I see harmonic patterns that correlate, I’ll highlight them with the bars tool, and then use the forward looking S&R vectors to fit the pattern to the current playing field.
This works on all of the time frames… so we end up with a lot of lines.
Ther are some bearish patterns that are projecting themselves on this pattern at the smaller time frames… i saw a nice on on the 30second. But i am most excited about this long range pattern, and wow… it really fits nicely on the recent move down to 25.
So we did not hold the retest of the resistance after the breakout. I would have been so excited if this idea played out that easily! Im going to save this trace and continue to fit it as new data suggests… With every piece of new data we continually work on solving the puzzle. Ill continue to share interesting ideas with you all!