50-Day Breakout Theory"

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"We have identified a pattern 📊 that we’ve been studying for some time. Currently, we are observing a 50-day range ⏳ marked on the chart. If the price breaks and confirms the high of the last 100 periods, there is a strong probability of reaching the target zone 🎯, highlighted by the green rectangle at the top.

It’s important to note that this projection is only valid if the breakout occurs within the 50-day period we’ve outlined. Otherwise, if the price fails to hold above the high, we’ll review and update the analysis 📉 in case of a breakdown scenario.

I will continue to monitor the situation 🔍 and share updates as the scenario evolves."
Transaction en cours
We are 21 days away from the cycle being completed, and in this strategy, nothing has happened as we expected in terms of an upward movement. However, we can see that this level marked before the 50% has been successfully defended on several occasions, making it a quite relevant zone. We will provide further updates only if something interesting happens at the marked levels.
snapshot

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