This idea I will explain in 2 different charts. This is the "micro" (and the super micro is seen in the 1 min chart).
I'll post a 72min chart next to this one where one can clearly see the levels.
Anyhow, consolidation is taking place at the 0.5 and currently at the 0.382 level.
This las micro pattern of consolidation has an entry point at 53.11 (remember this number) Further micro patterns may have a different entry point, but all of this is happening at the macro zone between 0.5 and 0.382.
This consolidation has its target at the 69-71 level which is again a huge move.
Lets see what happens.
Don't forget to look at chart 2 for this idea.
I'll post a 72min chart next to this one where one can clearly see the levels.
Anyhow, consolidation is taking place at the 0.5 and currently at the 0.382 level.
This las micro pattern of consolidation has an entry point at 53.11 (remember this number) Further micro patterns may have a different entry point, but all of this is happening at the macro zone between 0.5 and 0.382.
This consolidation has its target at the 69-71 level which is again a huge move.
Lets see what happens.
Don't forget to look at chart 2 for this idea.