well unfortunately I missed it too, (the first 2 %), Price hadn't moved yet when I plotted the 2% upswing, but as I plotted the possible 5% swing, price action had moved into the 2%. okay, my time line (distance to action) is usually not correct, either too early or too late, but I see some potential quick trades in here, (small profit taking). Good Luck
Comment:
Okay, seems like some unexpected strength has entered the market, which is good for us bull riders. I can see a much bigger thrust upwards, as the across the board indicators (multiple time frames) have changed. I like to see a "lull in price action" as the small time frame indicators reset for the thrust, a good time then to re-enter for a new long trade and take some quick profits. Here's my 15 min indicators picture. s3.tradingview.com/s...shots/p/Pn2gtR70.png
Comment:
We had a great 5.5% additional pulse leading upwards towards that 8% mark. According to the Fib Time line I've added, "maybe" another push upwards is nearby.
I'm going to post this new chart to see how this Fib Time Line works out....
I'm going to post this new chart to see how this Fib Time Line works out....
Trade closed: target reached:
Well Traders, there you have it, I set you up with the trade, it was really good profit for a days or day N half of holding a trade. Even if you entered late and got out early or botched the high point 5 % to 8 % and even up to 15% was obtainable money to make. Heres the final picture where price surpassed my late 8% projected surge in price.