US30
I have been able to spot my setup;
3 touches on both Vertical Trendlines. For now, the market is ascending towards price 29125.3. There, i am anticipating a strong resistance; the market is more likely to bounce (29125.3 ceiling) and drop back to price 28526.5 (as our floor)and then we can expect the market to ascend again towards price 29125.3 , and break and retest it as our floor before approaching my triangle for an ALL TIME HIGH price that has never been reached before. Then a massive drop again to our Up-trending trend-line.
Just remember that the market is not convenient....
3 touches on both Vertical Trendlines. For now, the market is ascending towards price 29125.3. There, i am anticipating a strong resistance; the market is more likely to bounce (29125.3 ceiling) and drop back to price 28526.5 (as our floor)and then we can expect the market to ascend again towards price 29125.3 , and break and retest it as our floor before approaching my triangle for an ALL TIME HIGH price that has never been reached before. Then a massive drop again to our Up-trending trend-line.
Just remember that the market is not convenient....
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