Ready to Draw
Updated
Money Man is concerned that people are not seeing the build-up of potential now and will be caught with their pants down. This type of scenario needs some longer candles soon or we are in for stuff that could, as alluded in the previous analysis, change trend line angles. The problem is that everybody is waiting for a move and volume is dropping because of that. Once price moves, there will be those who are quick at the draw and those chasing.
Conclusion: Money Man will experiment and say that the two red lines is the level price is compressed into now and that a move beyond them is alert stuff, but that a fake out would be within high probabilities. No assurances, only probabilities. Very Important to me: Please remember to like if you appreciate the efforts, Please comment and give this energy, Please follow if you see this analysis thread going somewhere you would like to know about.
Conclusion: Money Man will experiment and say that the two red lines is the level price is compressed into now and that a move beyond them is alert stuff, but that a fake out would be within high probabilities. No assurances, only probabilities. Very Important to me: Please remember to like if you appreciate the efforts, Please comment and give this energy, Please follow if you see this analysis thread going somewhere you would like to know about.
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