Trade ideas are based on my anticipation of an inverse head and shoulders.
This should atleast help gaining some orientation for price action and time windows.
Make sure to check out my other charts for more information.
Feel free to leave comments or questions bellow and upvote this chart if this is usefull to you.
Cheers : ]
Just some anticipation.
365 is an ideal target. If you don't want to risk a buy now, you should definitely wait and short at 365.
It offers a confluence of different major levels like a longterm resistance (purple)
and a strong OTE level. By the way a similar move has happened right around the same time one year ago.
This is a layout, don't take this as an exact...
We might be cought in sideways within the red channel for another 20 days.
I look at the Willy or MAGNUS™ indicator and compare it to a similar situation we had a couple months ago.
The yellow box had some rangebound action in it with a little breakdown in the middle ( just like we had it now ).
The question is what will happen after the yellow box? The red box...
