The price has been in range for a long time, now has made a spike or a very abrupt descent (blue rectangle) then makes a bull flag and finally in the yellow rectangle a final flag or flat pattern that is one of my trading systems. Is going to make a break above 161% and does it to the tick (gray circle) and then ends at 261% which is where it is now (another gray circle, from there it could reach up to 423% but that is what it usually does The DAX, the Sp I do not have much studied.
The price will go down looking for the oringen of the break which is the VPOC. And not forget the level 2388. 75 that is the creek of the market and that area will test several times before going down to vpoc. That area the frame with a discontinuous fuchsia line
The price will go down looking for the oringen of the break which is the VPOC. And not forget the level 2388. 75 that is the creek of the market and that area will test several times before going down to vpoc. That area the frame with a discontinuous fuchsia line