vjland

vjland

trapping the shorts... blah blah blah

vjland

CHART HAS ENOUGH INFO FOR PLACING A BET

vjland

found support near 650. last friday re-test that level, weak hands out.

vjland

price may reach target in weeks, longer than I firstly anticipated. longer the consolidation, better.

vjland

today market tested and bounced hard off an important SLH (shown on chart). same frequency since late July.

vjland

now closed above upper gap. until trend changes, stay long.

vjland

the pink MLH offered effective support, a week long consolidation is completed.

vjland

Break this neck line at 42.15 will see 49 as per the pattern.

vjland

Observations: 1. Price reached the up side target the upper MLH 2. the giant inverted HS pattern is in the picture, we have a break out 3. if price stay above neck line for 3 more days, then this is confirmed break out 4. further upside to be confirmed by taking the upper MLH out, and trade above it.

vjland

I believe this move is in the same magnitude of the previous one noted on chart. If you think you missed move? don't worry, buy any pull back. Missing a move is not a reason calling top. :D

vjland

The orange shaded area, price magnet.

vjland

I discarded the idea to long at 43.80 lvl. I will wait for pulling back more as RSI is falling off the OB area.

vjland

This is the same chart I posted in the weekend. Nothing new, consolidation continues while forming a solid base, I anticipate market rally into this OE.

vjland

Target upper MLH

vjland

need to accumulate more energy to zoom thru it. If lost the red support level, expect lower prices