ESZ2023 analysis 10.09.2023
I believe that we will squeeze up to take out the previous week's mid range as well as the previous month's mid range.
Once those stops are taken out I will look for shorting opportunities as I believe that price will deviate above those levels to then take out the lower stops and fill in lower levels.
Higher first then lower. A possible chart pattern to form is the ascending triangle in a downwards trending market. If price action gives me the opportunity I think the pointy end of the triangle would be a good short.
Once those stops are taken out I will look for shorting opportunities as I believe that price will deviate above those levels to then take out the lower stops and fill in lower levels.
Higher first then lower. A possible chart pattern to form is the ascending triangle in a downwards trending market. If price action gives me the opportunity I think the pointy end of the triangle would be a good short.
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