My earlier Williams Fractal now has appeared in reverse, and I don't know what to make of it without a previous pattern as I've only been doing my research since Feb. Is it a H & S or is it signaling the price is about to power upwards? I've added some green trend lines from my Bollingers on the 4 hour chart as they can help confirm a move after the break on the 2 hour and also preceed it. The two points I needed to make the green line weren't perfectly formed but thought to add them in anyway just as an added alert.
Commentaire:
Whenever my Bollinger Bands get squeezed nearer $600 the market has previously gone in the direction of the break. Last reading was a gap of only $670 and closing.