THR HOLY GRAIL 2024 top down pt1
1984 the market made its high and then dropped into a range (r1)marked by a sc thru st,
After this first segment the market fails the reach the resistance of the range high twice from the st ( second test) of the sc resulting in a double top with top 2 placing price at the support of the 1984 range testing for lower prices below the sc.. which started a micro range( let’s call it r2) at support Jan 2015.
Interesting when the market tested demand above r2 the result was a extreme move in the rsi about 70 which only topped at the r2 high made by the dbd orderblock here making another double top within r1 causing a huge divergence ( blue) in conjunction with the monthly 200ma making (2).
After this first segment the market fails the reach the resistance of the range high twice from the st ( second test) of the sc resulting in a double top with top 2 placing price at the support of the 1984 range testing for lower prices below the sc.. which started a micro range( let’s call it r2) at support Jan 2015.
Interesting when the market tested demand above r2 the result was a extreme move in the rsi about 70 which only topped at the r2 high made by the dbd orderblock here making another double top within r1 causing a huge divergence ( blue) in conjunction with the monthly 200ma making (2).
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.