One of the only charts I have been watching today just because the range is so tight! A break of either of the blue lines will give us some clues in which way this is headed. Blue lines are taken from the high and low on the hourly TF and the yellow lines are from the 4H. Take some time and go look at the entire tightening range for yourself on the 4H. I am...
Before anything I have to say that a loss of the 4H higher low will invalidate this entire set up. However if we hold the higher low pattern we should see major continuation to the upside. I am not entering a position until the double top/Fib level is broken with convincing volume. Targets are the yellow boxes. 1/3 each sold at both of the boxes and the rest I...
