Hello!
Why buy if is in thevtop?
The price break, test and confirm the top point and the upper line of the trend line!
Normally the price should move 100% of the movement before the break of the trend -> Explanation: The impulse start from 240 and break at 280 (40$).... TP is 100% of the impulse (40$) from 280 to 320$.
But first let's go to the psychological level (300) and after to 320.
Enjoy!
Why buy if is in thevtop?
The price break, test and confirm the top point and the upper line of the trend line!
Normally the price should move 100% of the movement before the break of the trend -> Explanation: The impulse start from 240 and break at 280 (40$).... TP is 100% of the impulse (40$) from 280 to 320$.
But first let's go to the psychological level (300) and after to 320.
Enjoy!
Comment:
TP HIT!
