In times like now there is no indication the market is up or down. " I can expect that the probability of going down is about 70% "
I will share with you another pattern that i always consider it as a very important indication for me.
this will be the second secret i share in this community.
First secret was about the killing point. You can see it in my last posts
Can you see the left Movement triangle that has just broken ?
I can expect that the right side will form the same pattern and the triangle from left will be reflected in the right side.
The problem is that, it will take the upper triangle and move up to 9.1K then 10K or will move down to 7.3K then 6.4k ?
For me i have added @ 8200 and 7950 as per my last post and i will get out @ the mentioned critical time "or before it by one or two hours"
the problem is about the common Area between the 2 triangles, you couldn't define it will go up or down until you see a specific pattern.
So after the price enter the common area we have to monitor the price behavior,
If price is going in the up triangle then we are going to 10Ks
If price is going down in the down triangle then we are going to 6.4K
the problem if the price will go from the middle zone then you couldn't know the behavior until you make another analysis, but most probably it will fluctuate between 7300 and 9120 until it breaks up or down.
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In conclusion, I will close my positions at the critical time and watch the pattern and decide the direction before and at 28/5.
Till now i'm neutral and i have to watch the price closely in next days.
Stay tuned for updates
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Questions are welcome