Hello all,
Today's idea centers around Time, Price & Pattern & how they come together around an anticipated bounce or reversal . We have plenty of confluence clustering at key resistance from the current high to 134450 ish ( Shown as 3 levels bunched together in the RED rectangle ). The Action/Reaction element is shown as upward blue parallels, The time & price squaring element is derived from the LAST 2 daily swings beginning with the word START with the numbers crunched in the grey box using the major and minor degrees of circle. ie. 0/360 - 90 - 135 - 180 - 225 - 270 - 315. The pattern element is shown as 5 Pivot count ending with an expanding pivot. This is an extremely early prediction as all we have is confluence and an inverted hammer.....Let's see how this develops
Sincerely,
TIK
Lets see how this unfolds
Today's idea centers around Time, Price & Pattern & how they come together around an anticipated bounce or reversal . We have plenty of confluence clustering at key resistance from the current high to 134450 ish ( Shown as 3 levels bunched together in the RED rectangle ). The Action/Reaction element is shown as upward blue parallels, The time & price squaring element is derived from the LAST 2 daily swings beginning with the word START with the numbers crunched in the grey box using the major and minor degrees of circle. ie. 0/360 - 90 - 135 - 180 - 225 - 270 - 315. The pattern element is shown as 5 Pivot count ending with an expanding pivot. This is an extremely early prediction as all we have is confluence and an inverted hammer.....Let's see how this develops
Sincerely,
TIK
Lets see how this unfolds