4HR Frame; BURST: Moment of Truth
Updated
Take a look at those painted directionals.... What you see to the right of the current candles/price action, Is a red arrow with an area-curve...
My analysis consists of two possible directives 1.) BURST may maneuver around this resistance ammunition depot, and contine upward movement while trending towards that sexy support zone 2.) The VWMA that is trying to guide it directionally to the right for its window opening come up, MAY slide price into downward movement (*** BUT only if it reaches resistance supply zone.
My analysis consists of two possible directives 1.) BURST may maneuver around this resistance ammunition depot, and contine upward movement while trending towards that sexy support zone 2.) The VWMA that is trying to guide it directionally to the right for its window opening come up, MAY slide price into downward movement (*** BUT only if it reaches resistance supply zone.
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Comment
As follows, the price action has subsided my forecasted Fibonacci channel.
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