Another 6 months consolidation, we seen movement, will there be more?
This was a pair I was monitoring in 4M class.
Even shared with students how to use TX Auto Alert orange and blue zone to judge strong support/resistance levels so that we could play these levels in 4M class.
Today we see a break out of 6 months boxes consolidation.
What TX says
Price above strong blue box resistance, confirmed by day close
Bullish expansion above 3 monthly boxes
Flow and 1234; 13TL broken
F6 trigger confirmed on daily close, price shows support towards F6
Price bullish expansion in H4, mentioned about this potential 1234 in last BP class
106 and 109 are some strong resistance levels that I’m looking at for this very bullish movement to see resistance
When price maps 1234 in lower timeframe h1/h4 with trigger provides a reentry chance