1->3 : we create higher highs ,
number 2 originating buyers create number 3 surpassing number 1 , this makes number 2 buyers a solid major low, as they have proven themselves stronger than the most recent major sellers
3->4 : we return to the major solid buyers in the market
what do I think will happen :
* well, we have bullish rsi and mfi , and returned to major buyers, the trend is uptrend on the daily so its looking very likely for us that the uptrend will continue, I want to still see some bullish microstructure before entering.
* using chaos theory we can see a 74% chance of follow through if we close above a zone. the best entry then would be above number 4 , or if prive goes lower and gets a waiting for validation even closer to the number 2 low, that would be even better for us.
number 2 originating buyers create number 3 surpassing number 1 , this makes number 2 buyers a solid major low, as they have proven themselves stronger than the most recent major sellers
3->4 : we return to the major solid buyers in the market
what do I think will happen :
* well, we have bullish rsi and mfi , and returned to major buyers, the trend is uptrend on the daily so its looking very likely for us that the uptrend will continue, I want to still see some bullish microstructure before entering.
* using chaos theory we can see a 74% chance of follow through if we close above a zone. the best entry then would be above number 4 , or if prive goes lower and gets a waiting for validation even closer to the number 2 low, that would be even better for us.
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