nen

CAT Lucid

nen Updated   
BATS:CAT   Caterpillar
Have you ever had a Lucid Dream? Did you enjoy it? Did you want to wake up? Change things around? Or did you just go with the flow while realizing that the people in your dream were really into their existence while not knowing that they were in fact a simulation created by your brain?

Welcome to the simulation of the Caterpillar Universe. A sliding creature making its way into a wormhole that warps Space And Time in an Einsten-Rosenborg similar bridge scenario. This worm (,evidently,) is expected to go up and down. But how up? For how long? And where will it stop digging for lower lows? We leave that to the rectangles and curves in this matrix to figure out if we are the characters in someone else's dream, if the Caterpillar is High or if this is just another joke...

All rectangles and shapes are projected (hopefully not wrong) potential support/resistance zones. Looking for price action for both types of scenarios: turnarounds or stop (consolidation) and break.

My favorite 3 scenarios would be a reversal at the "i" icon at the rectangle, the white path between the red and the green, or a descent towards the bottom green and a regrouping in that zone to visit the bigger blue rectangle. Any of this scenarios shouldn't happen considering we are dealing with a deck of cards numbered from 1 to 1 million and we want to draw the 68 or 14456 or the 146789 but some people still gamble and win at the lottery.

Trade safely and may the blessings of profits be with you!
Comment:
Down after the resistance met at the red rectangle zone. We could see an incursion towards the first white dot, but I am not convinced the blue curve will hold. Also, when broken, not convinced it will have time and fuel for a retest.
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