RE:RE:Reading ChartsIt is just showng that this is low probability and suggesting if it broke down that it could continue.
But maybe I am wrong and charts reflecting the same 60 minute patterns can be produced to show that the probability are higher than what I think. But I have never seen a 60 minute pattern that someone is predicting waves and then a breakdown price target from. That seems highly unrealistic based on the fundamentals.
If we close at or near the 2.30 mark then the accumulation patterns on the candles persists. Will post after the day is done.