smooth



Here is one for ya, When the 54 hour Bollinger bands contract and turn sideway the market is technically set up for the next big move. The most common pattern is price will touch the opposite band the dirction of the big move. Notice first hour touched the lower band? Next clue is what happens at the 54 hour ma? Watch and see how that plays out later today. Notice the 20 hour and 54 hour ma are merged? Price takes out that area today or Monday and not trade lower than the low this moring we go up toward 930 by next Friday. Price stalls at that area and takes out the low first hour it drops below 800 by Monday then turns up.

Comments

Popular Posts