Back to my basic time template where A is translated as Test Area and B can be a Collapse Area or can be a Constructive Area.
A purple indicates that the price has passed the Test Area and is currently moving in area B purple (2017.09.11 to 2018.12.24) and so far in my view the price is in a constructive form.
A pink illustrates the same thing, where the price is moving in the B pink (2017.07.03 to 2018.07.02), forming a constructive.
A black shows that the price is within the Test Area (2017.09.11 to 2018.04.16) which may be a sign of whether the price will explode or not. A preliminary determination is likely to occur this week (2018.04.02), where this week is the end of the first test and coincides with the NFP.
Once $1366/75 can be conquered then the price will explode and if a price closed below $1290 will cancel the bullish scenario.
--ooOoo-- From The Desk Of NewBie --ooOoo--
A purple indicates that the price has passed the Test Area and is currently moving in area B purple (2017.09.11 to 2018.12.24) and so far in my view the price is in a constructive form.
A pink illustrates the same thing, where the price is moving in the B pink (2017.07.03 to 2018.07.02), forming a constructive.
A black shows that the price is within the Test Area (2017.09.11 to 2018.04.16) which may be a sign of whether the price will explode or not. A preliminary determination is likely to occur this week (2018.04.02), where this week is the end of the first test and coincides with the NFP.
Once $1366/75 can be conquered then the price will explode and if a price closed below $1290 will cancel the bullish scenario.
--ooOoo-- From The Desk Of NewBie --ooOoo--
