manual attempt at ellipse theory for market geometry - credits to the work of B,F. C
If we break the ellipse bottom boundary, trade is void. Targets on the chart. Good luck!
Price captured by downward ellipse.. looks like market participants is slowly realizing that the punch bowl will not be refilled.. Busting 2nd ring is not a positive indicator.. Cheers, Keops
A potential nice short in the making but for now lets see how far it will retrace.. enjoy ! Cheers, Keops
You are about to watch a very potent ellipse setup at work. enjoy! Cheers, Keops
