Price broke wl-2 as it begins renewed its previous association with the Upper Band and moved back to familiar territory.
Price will possibly remain trapped in this Upper Band for a while..weeks or months until we see signs of breaking away from the Upper Band.
Now price will head toward wl-3. It may ziggedy zag in the Upper Band and touch the ML but frequency has indeed shifted and direction is a major up.
You can really see the beauty of how markets can be structured and captured within a price frequency band.
Price will possibly remain trapped in this Upper Band for a while..weeks or months until we see signs of breaking away from the Upper Band.
Now price will head toward wl-3. It may ziggedy zag in the Upper Band and touch the ML but frequency has indeed shifted and direction is a major up.
You can really see the beauty of how markets can be structured and captured within a price frequency band.