GOOGL H1 PERSPECTIVE
Google had an interesting triangle break out.
Price is on Minor Orbit. Unfortunately I could not find any orbit above. But based on old candle chart we can expect a drop in future.
There is a rule in trend price action; any jump from each trend has a reverse to its own trend until it breaks out the trend. Trend R 1 is already broke out. Trend S1 is still valid and price must go back to it anyway. We any time expect a reverse to S1.
By orbit knowledge we expect on that timeline to have price there. This is I called rule of 3rd for trend; that means every trend will have at least 3 point and second point is where you usually open your trend based on the steep of the trend.
Price is on Minor Orbit. Unfortunately I could not find any orbit above. But based on old candle chart we can expect a drop in future.
There is a rule in trend price action; any jump from each trend has a reverse to its own trend until it breaks out the trend. Trend R 1 is already broke out. Trend S1 is still valid and price must go back to it anyway. We any time expect a reverse to S1.
By orbit knowledge we expect on that timeline to have price there. This is I called rule of 3rd for trend; that means every trend will have at least 3 point and second point is where you usually open your trend based on the steep of the trend.
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