The weekly candle opened outside the tube-like arc pair but has been pulled back in the channel - We have the red line you can see is the 1x1 Gann fib ray of the future chart, this may provide a bounce
Catatan
Lets see what happens
Catatan
Looks like an exact hit on the convergence of the upper major trendline, the edge of the arc and the 1x1 of the central future chart <><>
Catatan
Higher ascending support, a higher low - There has been a very subtle shift from one layer of ancient support to another, prices area about to increase
Catatan
Spot on strike on the intersection of 3 lines - We will go up
Catatan
These arrows looking increasingly more likely
Catatan
seeing these arrows as likely now
Catatan
Looking good - The candles need to escape the Arc Pair and the 45 degree red line coming from left to right -
Catatan
Nice hit on the arc with this weeks candle - My arrows have had to change :P but the chart is playing very well and the candles are trapped accurately in the arc pair - I'm hoping for a change of direction in this arc crossroads the same as happened previously
Catatan
lets see if this reversal continues up the arc pair
Catatan
If the price continues to rally from here then next weeks candle will open in the ascending arc
Catatan
Starting to look promising...if the next candle can open in the ascending arc https://pair...https://www.tradingview.com/x/N1Wq9mAF/
Catatan
We're out the the descending arc as the price is reflecting - The candles will either push into the ascending arc or track up underneath it, either way i believe we will go up for some weeks now
Catatan
See if we can get thru the resistance of what was previously the uptrend
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