Looking for a rejection of the support level along with a retest of this level. After this, we will look to go long to the previous resistance level. Look to the 4H and 1H for entry (retest). If there is a breakout below the support level, the trade will become invalid. Hope this helps!
Tesla stock (TSLA) is right now at a strong monthly support level. Think! Everybody is gonna be watching this! Well, I mean everybody who is sensible enough to watch key support levels at higher time frames. I'm not saying that everybody needs to play monthly time frames. What I am saying is that the strong level of support creates good probability for a bounce...
This is an update on Gold with a new curve showing probability broadly for the north. See my previous video on a smaller curve.
The Theory of Curves is based on exploiting patterns in Chaos. Read up on Chaos Theory. The markets are pure chaos so it is every proper trader's business to know about it.
Amma telling you lot - get ready for PLATINUM!! Avoid dithering. Look at the crazy structure level and support. Yes - price could fall out as well as it could break north. Nonetheless this is an opportunity for a controlled loss (aka stop-loss) on a lower time frame e.g. 1H to 6H. No guarantees - no predictions - no bull! LOL.
As we can see, history tends to repeat itself.
I have taken a move from the bullrun of 2017 which can be seen here:
now, if we apply this into markets' current price we can see we have a bullish pennant forming.
This shows a consolidation period before another bull run.
The previous move is almost an exact...
In 15 min the chart I have projected ENTRY point and below is a higher frame for direction.
The TRIPLE TOP Pattern found on the chart.
(The price rejection trying an attack on this pair)
The control price performance like strong gravitating itself such as 1, 2, ...5.
Two excesses found at value low.
HITE LIKE BUTTON if...