DislikedI am right there with you Karmo. I'll shut up about the unmet 15minute cycle soon, but it is important here. As I said the hour chart just finished her cycle and if the current candle on the hour chart becomes a high fractal we'll have our new support and resistance range. If we get a short hint on this huge new range target 1 on the short side will be 204.40. Will this pan out? It's hard to say but the unmet target on the 15 min is @ 205.07, which would theoretically put the hour cycle in an obligation to the 204.40 mark. If price lingers on the high side and breaks the new high of 207.26, her target will be @ 208.05, but I think that is unlikely at this point. All that to say I am totally in agreement with you.
Longer term. The 4 hour T1 is @ 209.83, yes she will get there eventually, but I think she will retrace to 205.05, the 4 hour true resistance line. We'll see!Ignored
Trade what you see, not what you think.