GRT MASSIVE BREAKDOWN<??!!
ClearOpenDoor
My friend... the 4 hour chart tells me a lot.. And I learned when you want to which direction the future may go the best place to look for is in the past.
As in Technical Analysis is a lot symmetrical you see it back in this chart..
This is my quick view for you on this chart..
prices may fall down back around 25% because earlier by breakdowns prices moved back 3 times earlier 25% or more..
For 2 double tops shown in short of time can mean a major reversal pattern. Because price has rejected resistance many times.. We have to see if price fall back a baseline support how it will act and if it breaks.. because this is the major support line that has hold many major reversal before...
Thanks for this tip will definitely keep this one on my watchlist because money can be made in the future..
For now let the market do it's work and remember even if the technicals show us we can have major decline there is only 1 big trader/whale in the world needed to push prices immense higher!
If you like please feel free to follow and spread the word..
Making money is fun but If I can help make other people than we have both fun...
My friend... the 4 hour chart tells me a lot.. And I learned when you want to which direction the future may go the best place to look for is in the past.
As in Technical Analysis is a lot symmetrical you see it back in this chart..
This is my quick view for you on this chart..
prices may fall down back around 25% because earlier by breakdowns prices moved back 3 times earlier 25% or more..
For 2 double tops shown in short of time can mean a major reversal pattern. Because price has rejected resistance many times.. We have to see if price fall back a baseline support how it will act and if it breaks.. because this is the major support line that has hold many major reversal before...
Thanks for this tip will definitely keep this one on my watchlist because money can be made in the future..
For now let the market do it's work and remember even if the technicals show us we can have major decline there is only 1 big trader/whale in the world needed to push prices immense higher!
If you like please feel free to follow and spread the word..
Making money is fun but If I can help make other people than we have both fun...
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