Ellipses mark ranges within which price levels should meet. Monday drop and then a pop
Green ellipses = range where crest should form. Red ellipses = range where trough should form. Based on Mercury Retrograde Trade Strategy as part of EsoMeta Analysis.
Green ellipses = crests, red ellipses = troughs. Price ranges Based on Mercury Retrograde Trade Strategy as part of EsoMeta Analysis.
Red ellipses indicate ranges where troughs are likey to form, green ellipses indicate ranges where peaks are likely to form.
Green ellipses are ranges where we are likely to see a peak, red ellipses are ranges where we are likely to see a trough