Near term prediction
Based off stochastic RSI and price bouncing off support, expecting a big run today as soon as 2 things happen:
1) price breaks above yellow EMA 33,55 band at the 45 min interval
2) impulse BF turns green
Both of these are on the verge of occurring as we speak.
The target is straight through the intersection point 3 of the 3 lines: the grey lines are near term support and resistance trend lines of the wedge it broke down from yesterday. The blue line is the longer term trend line that used to be support and has recently become resistance.
The dashed line is the range break out level from my recent linked post showing the bigger picture at the daily level. Goal Target still 50240 once this intersection point is breached. I’m sure this will be a gotta see it to believe it for most of you, stay tuned.
1) price breaks above yellow EMA 33,55 band at the 45 min interval
2) impulse BF turns green
Both of these are on the verge of occurring as we speak.
The target is straight through the intersection point 3 of the 3 lines: the grey lines are near term support and resistance trend lines of the wedge it broke down from yesterday. The blue line is the longer term trend line that used to be support and has recently become resistance.
The dashed line is the range break out level from my recent linked post showing the bigger picture at the daily level. Goal Target still 50240 once this intersection point is breached. I’m sure this will be a gotta see it to believe it for most of you, stay tuned.
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