Looking at May 2023 I can see mirror image patterns.
1. Sideways consolidation box 2. Start of new month at the high of box 3. 200sma going in the middle of the consolidation 4. 3 Highs at the start of the new month 5. Blue line is the Monthly Open price 6. Falling wedge pattern
If I buy now on the break of the falling wedge pattern and the close above the 21ema, then I must be willing to hold it without it not really going anywhere for another 2 weeks or so.
Here is May 2023
Komentar
Here is this month, August 2023 Identical in the setup so far. I am a big believer that the market maker templates use similar ideas prior and they show you their hand if you look
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