This is how I interpret the current conditions. Repeating wave. Slow to moderate build. Plenty of time in between to make short gains if that's what you want. Good for the long too, I think.
Not investment advice. Do your own DD & research.
Not investment advice. Do your own DD & research.
Comment:
Still within range here. If history plays any part here, we should see another upward spike by late May, early June time frame. Possible that it could extend 2-4 months instead on time frame. Looking at around 0.95-.097 before hitting resistance.
Comment:
Still within range here. Following nicely. Watch for any break below 0.40 for lower trends however.
Comment:
Still tracking from this original idea. Will be interesting to see how close we stay to the bottom of the channel and for how long.
Comment:
Moving more sideways than original idea. This could mean more of a pop when it comes, or it could mean invalidation and a new trend is forming. Calm before the storm? Storm could be positive or negative. We will have to see.
Comment:
Channel invalidated, will publish new idea for new data soon.
