Price is pointing to that "bird in the bush" just like a good hunting dog. Can you see it?
Perhaps an additional chart of Support and Resistance will help...
See it now? Happy New Year 2018! Don't say I never gave you anything!
Perhaps an additional chart of Support and Resistance will help...
See it now? Happy New Year 2018! Don't say I never gave you anything!
Note
A close-up view... why dooes the price track on the GREEN Lines? Is this Support and Resistance in a different form (from horizontal)?Yes, it is. And although each green line has a differing ANGLE, price tracks each green line towards the focal point. This is the essence of my "Occams Razor" trading system; It is SIMPLE, Simple, simple! All prices point to where it wants to go; simply combine all angles and they intersect at one point in the future.
Disclaimer
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.
Disclaimer
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.