Such delicious bounces and momentum, loving this Price Action.
Notice how each shoulder got rejected at the exact same magenta fractal point (top of 1.5Y Peak Channel), this latest one in our core Peak Box Fractal.
That showing today was impressive but until Price Action stops creating bearish patterns, it's lookin bearish and increasingly like a proper Top.
Tomorrow will necessarily be pivotal, even holding steady would be a solid win for Bulls.
This is already 3rd LL peak.
Oh and about that Bearish W.
We've seen a lot of Bullish ones in this massive rally, if this holds that'll be a the first big Bearish one.
Notice how each shoulder got rejected at the exact same magenta fractal point (top of 1.5Y Peak Channel), this latest one in our core Peak Box Fractal.
That showing today was impressive but until Price Action stops creating bearish patterns, it's lookin bearish and increasingly like a proper Top.
Tomorrow will necessarily be pivotal, even holding steady would be a solid win for Bulls.
This is already 3rd LL peak.
Oh and about that Bearish W.
We've seen a lot of Bullish ones in this massive rally, if this holds that'll be a the first big Bearish one.
註釋
Even the yellow fractalceptioned 2D H&S right shoulder held up pretty well!Data analyst with a passion for best fit lines B)
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Data analyst with a passion for best fit lines B)
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。