MPW taking the scenic route but if you followed any of our other posts you know that we've continually said dealing with diagonal structures takes patience
That patience will be grandly rewarded most likely (no guarantees in the market folks)
That patience will be grandly rewarded most likely (no guarantees in the market folks)
Trade active
MPW has been taking its swwwweeeetttt time developing its price structureLets see if the bottom is in
Trade closed: target reached
oh and the diagonal structure has been invalidatedNote
Take note of the vertical dotted red linesNote
Note
And thats a wrap!Lots of selling and overlap today in line with the broader market weakness
Broader market should be finding some legs soon which will assist with the epic month that we are about to have in January
Its been an awesome year folks!
But 2025 is about to be LEGENDARY
M O A S S
Note
Note
disregard the above postsNote
I have not forgotten MPWI will post a more detailed update soon
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.