An intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement tracking ABC correction levels of Elliot wave.
Price is likely to move within the parallel channel having the potential to breaking it down.
ADX slopes down pointing a bearish decline.
CCI diverges the price as shown in the chart.
Market is currently closed. No market activity presented so far. We ll try to find an entry price between 164.91 - 166.49 just after the opening bell.
Furthermore, a complimentary "If Done" analysis that maximizes exposure to risk, but at the same time exchanges acquired profit to zero losses in order to double initial profit.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
NOTE: "IF DONE" analysis, when presented, refers to 80% of the recorded back tested past succeeded performances.
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
We ll try to enter into the correction of the uptrend movement tracking ABC correction levels of Elliot wave.
Price is likely to move within the parallel channel having the potential to breaking it down.
ADX slopes down pointing a bearish decline.
CCI diverges the price as shown in the chart.
Market is currently closed. No market activity presented so far. We ll try to find an entry price between 164.91 - 166.49 just after the opening bell.
Furthermore, a complimentary "If Done" analysis that maximizes exposure to risk, but at the same time exchanges acquired profit to zero losses in order to double initial profit.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
NOTE: "IF DONE" analysis, when presented, refers to 80% of the recorded back tested past succeeded performances.
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.