Predicted this 5 hours ago check below for link.
DAILY ATR under 1000 EMA ATR meaning we are entering a low volume phase, confirmed by the chop index as well. The 250 ema has served in the past as a dynamic resistance to push down the price. We expect the same movement to happen again. After a short term accumulation phase the price would go down again with a first target move to target the stop losses that...
The chop index is going over 50, meaning we are entering a range bound market. Daily ATR is under 1000 MA DAILY ATR therefore volume is going down entering a new accumulation phase. The price Broke the Keltner Channel reaching in 26 October for the Sellers Stop Losses. The 50 EMA is serving as the center if you want to play a mean reversion strategy. The...