Afternoon snapshot. Price is still with the Yellow line.
Basically the Yellow line is in play big time. Price will do what it wants.
Same background set-up for my guidelines. Price will do want it wants, this helps watch price move over some sort of guidelines and keeps me fresh with current trends in price movement.
Price will do what it wants. From the 10th to 13th we formed a bull DIV off those lows....not shown on chart. That pricing action, has run into two bear DIVs. From the 11th to 14th we formed the larger bear DIV off those highs....we're still maybe forming this line as an unfinished Uptrend if price keeps going, ignoring two bear Divs. The other bear DIV is about...
This is about the last 1/2 day before the next 3-day ARC is placed, price might attract to the neutral point towards the end of these ARCs, that's what seems to happen, be cautious about that probability. There was some larger time frames that showed the bull divergence....inwhich.... this 15 min bear divergence neutralized it then. There is yet the other 5 day...
This is a big one because it clears nearly 24 hours and thus can be applied to the Daily candle theories. Of course there's a marked dashed Blue line indicating that if price reaches about 6610, then that divergence is void, odds are lower for that to happen, naturally.
Extended those Purple and Blue dash lines in play, good for the next 24 hours.
Price will do what it wants. I'm still in my short 10 days now. New lines, extended lines and change of color. Dashed Blue seems to be the channel lines. Dashed Purple are the immediate in play. I favor still downtrend cycle. Manually expand edge matrix for details.
Price will do what it wants... I moved and extended some lines, added in Blue Dashed lines. These indicate a "neutral looking" channel opened and have the possibility to become perma lines. Price moving between here,I consider short term neutral trending trading range. There are now 4 lines in play. (Pink, Orange, x2 Blue Dash)
I make this one for us to watch the arc progression for the next few days without all my Divergence garbage overlaying this.
Enough time passed to get some lines drawn. Both highs/lows went into divergence then trended to a wedge point. Indicators helped chase out the pricing channel. The lines in play are Pink and Orange. I'm still more bearish than bullish. I'm still more low 6000's than price driving pass 7200 today. And .......price will do what it wants.
added more optional arcs. I see it being difficult to break 7200. I see it easier to 6400's.
Some nice sized lines finished up. The ones in play are pink and yellow. Indicator permanent divergence lines are usually drawn in Red, Blue, Green, and price drives divergence color decision, matching or not matching the 3 sets of indicators below.
We are still in a small neutral channel from yesterday...we really haven't broke out - out. Keep an eye on longer/larger time frames, I see more curving towards a dip down trend. Oh yes, there's those moving averages on price happening also, that's on critical cross-overs also.....good luck trading...I still favor the overall down cycle still.
Call it a neutral channel till it breaks good. Lines added & my indicator tweak change.
Another RUN watch chart, Bulls or Bears. I'm in short still 2 arcs ago....suppose it's a good entry for a short, if it will ever happen, a planned risk/reward trade is what I'm still in. Good luck trading. Lots of mixed reading indicators across time frames. I still favor downwards breakout.
What I"ll be looking for is what the next Daily bar does.. On the last loop arc I mentioned the candlestick pattern. Another Bearish Black Crow Bar has formed. We are at the same place again ( about 4 days back) except, last time we finished with a green up bar after the Black Crow Red Bar (that follows the peak point), and did not complete the Bearish...
Added in the last visual Large Arc. Charting is short term guidance charting. Price will do what it wants. Decided to review the progression of this 3 arc rise, letting the indicators help tell the story, as we can all see the clear spread-out history now. Comparing this to Hourly, 4 hr, or Daily... Don't forget that information either. 15 min is a short term...