Maybe it was a good level for cashing in some profits at the purple rectangle. This drawing still seems too crowded compared to other exercises but there might still be some surprises left waiting for us in the future.
I added a vertical line at the center of the circle because I am interested in what happens near the circle or in the vicinity of it's time projection.
I added a vertical line at the center of the circle because I am interested in what happens near the circle or in the vicinity of it's time projection.
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And we have reached our visioned scenario when asking "what happens at the circle?"
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I am still looking for coincidences on this one in the future.
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Extended blue arc.
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Potential pivot point at the shut down icon.
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This was interesting. It seems the price popped up after the end of the resistance rectangle. It also went through the intersection of the 2 edges of the arcs. I also added another curve using the 3 ends of the top shapes. I extended it and it seems the market bounced right off it. Nice coincidence. Just like the pivot point of the Shutdown Icon.
keeping an eye on the circle