The consolidation range caught my attention. When the Bollinger collapses into the Keltner; energy builds up.
Classic squeeze.
Once it is released, I expect a fairly sizable move. The trick is knowing when to go long or short.
A simple harmonic analysis reveals directional clues at an interesting level of approx. 155.56.
Should price action pierce that level, my odds on favorite would be a long bull run on up to ~161.64.
Classic squeeze.
Once it is released, I expect a fairly sizable move. The trick is knowing when to go long or short.
A simple harmonic analysis reveals directional clues at an interesting level of approx. 155.56.
Should price action pierce that level, my odds on favorite would be a long bull run on up to ~161.64.
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