Indice S&P 500Long
DESCENDING CHANNEL MAY BE CLOSE TO BREAKING AND UP TO 2784
I can see a Descending Channel formed and near to close its shape and break
and up to 2784 in its first impulse. If you see the chart in 5 minutes candles,
you can see a Ascending Triangle in process that break and get impulse for win some points.
Both charts is working together, is what I call COHERENCE.
When you have at least thwo charts in distante time span (like 2 hours and 15/5 minutes)
that work together with its own patterns but PUSH in the same direction, then
is more probably that happen what you excepted.
Or maybe happen that the Descending channel continues falling again and agains,
becuase in descending channel there is not 3 times and break up, it can be doing the same step again and again.
and up to 2784 in its first impulse. If you see the chart in 5 minutes candles,
you can see a Ascending Triangle in process that break and get impulse for win some points.
Both charts is working together, is what I call COHERENCE.
When you have at least thwo charts in distante time span (like 2 hours and 15/5 minutes)
that work together with its own patterns but PUSH in the same direction, then
is more probably that happen what you excepted.
Or maybe happen that the Descending channel continues falling again and agains,
becuase in descending channel there is not 3 times and break up, it can be doing the same step again and again.
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