Big Breakout is approaching
Updated
I believe were on the verge of seeing a big breakout to the upside starting anytime this or next week.
If we can manage to clear 47k, my target would be approx 52000 where we should see a rejection back to 46xxx before running into May with a HH @ 53xxx
Drawing is my vision for April-May and how I am interpreting what I am seeing at the present moment.
GL
If we can manage to clear 47k, my target would be approx 52000 where we should see a rejection back to 46xxx before running into May with a HH @ 53xxx
Drawing is my vision for April-May and how I am interpreting what I am seeing at the present moment.
GL
Note
If this is the start of the breakout... I might expect the next daily to torch stop losses and trigger liquidation right up to 44800 then run sideways down till early next week.Note
Something like this is what I am thinking.
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