Hello,
We respected the forecast made at the beginning of the week.
The next important levels are those between $41170 and $41600.
This area needs to hold in order to resume a sustained rise with prices hovering around the red Max flow-lines during this early March.
(the slopes of these Flow-lines are calculated according to the mathematical principles of econophysics).
If we break these levels and explore the time-price matrix of the red rectangle, the pace of the rise could be reduced to the long-term and short-term channels of the blue Moderate Flow lines.
For the moment the time-price relationship is excellent.
To be continued...
Xavier
https://www.tradingview.com/x/sCAN2cBe/
We respected the forecast made at the beginning of the week.
The next important levels are those between $41170 and $41600.
This area needs to hold in order to resume a sustained rise with prices hovering around the red Max flow-lines during this early March.
(the slopes of these Flow-lines are calculated according to the mathematical principles of econophysics).
If we break these levels and explore the time-price matrix of the red rectangle, the pace of the rise could be reduced to the long-term and short-term channels of the blue Moderate Flow lines.
For the moment the time-price relationship is excellent.
To be continued...
Xavier
https://www.tradingview.com/x/sCAN2cBe/
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