A quick look at the look at the price action history of Bluzelle suggests that the impressive run up since midsummer has come to end ... but I've been wrong before, so I welcome your tough questions. After all, this venue exists to arouse the reverse-engineers and to provoke the thinkers to do what we do best, right?
As always, I strive to render these ideas of mine so obviously that their explanation will require no words, and this forecast is no exception.
Although my trading tactics - including the beauty of Tradingview and how it makes me look good - are based on identifying the opportunities within VOLUME, VOLATILITY and TREND EXHAUSTION.
In this case, it is the last of those, TREND EXHAUSTION, that most indicates to me that a limit has been reached and price will fall. Furthermore, that limit has been reached BEFORE the obvious (highlighted) profit target.
There are many techniques on display here, but the most important of these is the use of Euler's number as a ratio in the Andrews Pitchfork to time measure inflection points.
This technique will appear again in my ideas and forthcoming videos. Now that I have enough followers to enable streaming, I will consider taking topic requests while I develop a programming schedule and make my first recordings.
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