Waves Key Levels

Waves looks like it could jump. Im not really into patterns such as cup and handle but this one has a lot going for it. Watch for rejections at key levels.

Note

There is confluence at the (Value area high of the volume profile) and the (618 fib) level at 4.715. (long term)

Note

We bounced from a Golden Pocket and appear to be heading up to key levels. Anything can happen though.

Note

there is a golden pocket and ndaily point of control above us (high confluence area) @2.230

Note

If you get the chance, the 618 + range Point of Control at 2.065 could be a great support level. However, it may go to outer space instead and leave you waiting. This is where the total market makes or breaks the difference.

Note

The Total did in fact lead us right to the Golden Pocket. Anyone that doubts TA ever working needs to see this post.

Altisona

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Altisona