I have plotted 3 of the most significant levels on the one day time frame to me. Bears did not enter in strong enough at 20k and price action is already testing local highs. I expect price action to reach around 25k . The structure painting has IHS elements and can push the price higher.
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Examining price action. It appears to me 24,680 can trigger a pull back. However 31.4k could be the potential top which coincidentally lands on March again. Using ghost bars I believe the price will range in a similar fashion and break higher the next month.
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expecting 30k+ the fractal idea posted earlier is NULL. sorry if I'm not updating consistently but I still believe 30k+ is a big shorting area
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.