DESCRIPTION ON CHART..
Looking to Buy weakness and Targeting probes of higher Magnet Prices. Structure on weekly basis with price Action Entry
DESCRIPTION ON CHART... Follow Price Action as the Risk is defined.
Price hit Support into time.....Price Action is thrusting up...now in retest of the highs .. Buying on weakness and stops below prior pivot structure with price action entry.
BUYING DIPS INTO STRUCTURE PRICE IS SEARCHING FOR HIGHER BALANCE
Big Momentum Buying pressure..... .as Oil hits higher Magnets ...CVX has its own agenda higher also.
Price is retesting the high with great force....Watch for a rejection back down to consolidate before it resumes the uptrend.
VRX is entering a zone of "Synergy" Time may be early on this one.... We have a "Panic Flush " into this Potential area of interest. Very volatile and may whip around....
STALKING A "TREND LONG" NO OVERBALANCING ON THE INTERMEDIATE TREND YET...
PRICE SITS ON "POTENTIAL SUPPORT" THEN SHOWS Its hand through Price Action Manage.......
TREND IS UP...NO OVERBALANCING YET OF PRICE POSSIBLE MOVE LOWER BEFORE IT GETS BACK IN SYNC....... HAVE YOUR HANDS OUT BELOW.......
SWINGING TO HIGHER PRICES,,,,,,,, PULLBACKS BOUGHT AT HIGHER LOWS OR AT A DEEP RETEST AT SUPPORT.
BACK AND FILLING MOTION BEFORE IT HITS BALANCE...... DECISION TIME REAL SOON...
Retest of lows.....now working its way to higher prices.....Swing traders can nibble on higher swings with "Price Action Entry"
FOLLOWING THE HARMONIC ROADMAP NICELY....LOOK AT PRIOR POSTS.
CRUDE is getting pulled up to higher "Price Flow areas....Price shouldn't take the low of the three bars back...if it does the trend is suspect.