BWP fully developed and ready to initiate swift rally into void
BWP is very evenly distributed throughout its development area since 2016.
Symmetry within the rotational area is beautiful.
If it hasn't already begun, the reciprocal initiation move should be a Rally and a symmetry measurement puts the current target at 24.30.
That could shift around a bit as more data comes in to reveal the true initiation point, but it's going to be in that 23-25 area.
Right now, it's sitting right on the balance area mode. The easiest place to get filled at, but one of the more difficult places psychologically for a Value trader seeking to do business at advantageous prices (the mode being an exactly fair price).
Actually, this rotational area is so well balanced I'd venture to call it a proper mean.
I'm dead wrong with a close below the Value Area low with a stop as indicated.
Good luck trading!
Symmetry within the rotational area is beautiful.
If it hasn't already begun, the reciprocal initiation move should be a Rally and a symmetry measurement puts the current target at 24.30.
That could shift around a bit as more data comes in to reveal the true initiation point, but it's going to be in that 23-25 area.
Right now, it's sitting right on the balance area mode. The easiest place to get filled at, but one of the more difficult places psychologically for a Value trader seeking to do business at advantageous prices (the mode being an exactly fair price).
Actually, this rotational area is so well balanced I'd venture to call it a proper mean.
I'm dead wrong with a close below the Value Area low with a stop as indicated.
Good luck trading!
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