I believe Fractals are truly intriguing they are a curve or geometric figure, each part of which has the same statistical character as the whole. Fractals are useful in modeling structures (such as eroded coastlines or snowflakes) in which similar patterns recur at progressively smaller scales, and in describing partly random or chaotic phenomena such as crystal growth, fluid turbulence, and galaxy formation.
Like wise we can be seeing a fractal slowly panning out. This is just a rough draft but history repeats itself. It maybe not be exact but it can be in a similar form.
Initially I thought we would break higher, but I believe we will see a price dip soon before it begins to take off. As you may be able to see there is a yellow oval with a large green candle, I believe we will see a similar candle although this time it will be red. It may come in 2 or 3 candles...but selling from those price points are my guesses! ($210-$165). This will keep us below the trend line we have been fighting for some time.
There are no fundamentals/ indicators supporting this.
Like wise we can be seeing a fractal slowly panning out. This is just a rough draft but history repeats itself. It maybe not be exact but it can be in a similar form.
Initially I thought we would break higher, but I believe we will see a price dip soon before it begins to take off. As you may be able to see there is a yellow oval with a large green candle, I believe we will see a similar candle although this time it will be red. It may come in 2 or 3 candles...but selling from those price points are my guesses! ($210-$165). This will keep us below the trend line we have been fighting for some time.
There are no fundamentals/ indicators supporting this.
Comment:
Price moving as predicted, stay tuned.