Ok guys I think this is where we finally see our pullback. Notice the artificial pump to diverge from the original fractal . Who knows? Maybe its nothing, but this is what I see and I wanted to share with my followers so they were aware what may occur here. Covered in Bulkowski's Classic Trading Patterns under the trend line chapter he mentions a piercing of a diagonal trend line after 5 touches. The price action then should come up and retest the trend line and get rejected just as it was last year. Only time will tell.
If you agree throw me a like and follow me for more unique ideas and concepts that keep you in the gains. Much love
If you agree throw me a like and follow me for more unique ideas and concepts that keep you in the gains. Much love
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Here is what I noticed this morning.
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Damn 7 dollars off my call on the 15 minute chart of 54,449 being the max top before rejection.
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It seems simpler is better in this case. It appears that this is more of a broadening wedge which should yield bullish results.
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Not saying this is right, but its damn close to the same movement
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Adjusted some
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