Recap: Target 1 was hit on the previous analysis followed by a return to Decision 1. The box in that analysis did its job. Thing is that that box has changed and use of a box does not make sense anymore. Money Man now has his hands back in his pockets, waiting for price to move to where the action is bound to be. 3 000 is getting to shout its importance instead of whisper. If we get there, there should be some profit taking. The chart seems flattened a bit as of trying to capture the potential that is starting to show – and therefore using a box like in the previous analysis is not necessary.
Summary: Potential has returned, and Money Man is keen to use the opportunities offered. Remember that there are no guarantees, only probabilities. Very important to me: Please like if you appreciate the effort, Please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
Summary: Potential has returned, and Money Man is keen to use the opportunities offered. Remember that there are no guarantees, only probabilities. Very important to me: Please like if you appreciate the effort, Please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
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