I love a good accumulation.
코멘트:
As accumulation ends, price should jump to bottom white line (.0475) and consolidate around top faded blue line. If it holds, price would then jump somewhere near top white line (.05).
코멘트:
Few other ways to interpret this accumulation.
코멘트:
Not with .0475 and .05. I suspect from here that price begins to rise.
코멘트:
Not bad with*
코멘트:
Though, price could correct down to ~.0462
코멘트:
I’m holding out some to target .0615-.064.
코멘트:
Update based on probable Distribution.
코멘트:
Possible accumulation pattern completing. 45 min timeframe shows valid channel break (3 touches each side). However, based on the counterpart distribution idea, this pull back was expected as part of distribution. Therefore, COULD be one last push downward before next rally.
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