Short Sell then Strong Buy
On the 4HR time frame we see the market testing the top resistance-zone twice right after a strong rally upwards in price. After the second test of the resistance-zone we see so many buys that no one else is selling so the sellers jump in and give it a strong rally downwards creating a fake out right before a huge pullback straight through the top resistance-zone. This tells me the buyers are strong and waiting for an opportunity to take this market higher. Next we see a short sell of about 30% hitting a support and then pulling back and re-testing the upper resistance. At the moment the market seems to be making another short sell and if the buyers are still waiting to jump back in (which they seem like they are) it's going to be at the middle resistance line (at a 30% discount) where they'll jump in and boost the market to higher highs. A perfect time to Buy, and a strong one at that. If the markets don't rally up as strong as anticipated then there are possible exits between 111.000 and 111.500.
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