Hello Traders,
This is what I expect in 2021. Right now we came back to yeatly close and are staying in the Yearly Neutral Area.
But we have hot several ILLIQUID THIN RUNS (GAPS) on daily to the downside. And it is VERY LIKELY price WILL GO to FILL THEM to their POINT OF RELEASE.
Please refer to Chris Lori Price Action Course of this matter.
TYPICALLY, Price STAYS WITHIN YEARLY CAMARILLA LEVELS (they are based on YEARLY CLOSE) R3 and S3, that is called VALUE ZONE. And this is what I expect.
Any breakout above or above VALUE ZONE is UNUSUAL and LESS LIKELY.
Tom DeMark Trend Breakout projection sends us to 1.14!
Good luck!
FOR EDUCATIONAL PURPOSES ONLY!
This is what I expect in 2021. Right now we came back to yeatly close and are staying in the Yearly Neutral Area.
But we have hot several ILLIQUID THIN RUNS (GAPS) on daily to the downside. And it is VERY LIKELY price WILL GO to FILL THEM to their POINT OF RELEASE.
Please refer to Chris Lori Price Action Course of this matter.
TYPICALLY, Price STAYS WITHIN YEARLY CAMARILLA LEVELS (they are based on YEARLY CLOSE) R3 and S3, that is called VALUE ZONE. And this is what I expect.
Any breakout above or above VALUE ZONE is UNUSUAL and LESS LIKELY.
Tom DeMark Trend Breakout projection sends us to 1.14!
Good luck!
FOR EDUCATIONAL PURPOSES ONLY!
Trade closed: target reached