Darkdoji wrote: Sat Nov 25, 2023 7:01 am THE LESSON @ImpLaNT TAUGHT ME TODAY (it takes courage and vision)

I want to say that I am not in a position to teach you lessons. I don’t think that I can teach you anything, because in any case you know more and understand more deeply, this is undeniable.

Now regarding trading... I don’t think the price will be able to go far upward, despite the fact that the week closed high. My assumptions are based on the fact that the previous pullback, which I traded and waited for 1980, but never came, is, in my opinion, not completed. I think that the buyers did not include people who were looking for this opportunity in the 1980 area. Look at the chart, the rectangle shows the zone where the price had to go down in order to move up with renewed vigor, but this did not happen. Those who pulled the price up on Friday will quickly lose their strength. In other words, I don’t expect a significant upward movement, the most that can be done is to renew the maximum around 2009, although I think that even this will not happen. Look at the combination of semaphore dots... This is clearly not something that can move up, and most importantly, we still didn’t get 6n 2(Y) on a downward pullback.

And by the way, on Friday, as you can see, the price can't managed to leave the middle space, it hit the ceiling - the 2003 level. Naturally, on Monday the space will be more shifted upward due to Friday’s rise, but I will assume that the price is unlikely to move into the far space for the reasons stated above.