DislikedHey everyone, I am not so sure about a drop. I will show you why. As you know my laptop died and I lost all my charts, but I have been slowly building them back up. I believe the long awaited long is coming. The drawback of this is it's solely based on the 1 Hr timeframe DTL. However, there is some 4 hr evidence as well as Daily.
1st on the 1 Hr we have a Morning star and it's looking like we may get a test of the back of this trendline which I might add is part of the same DTL on all 3 charts. The 2 nd chart we have a Morning Star along with an orange X to show where I think we could go. Out on the daily a Bullish pin is being formed and could present us with yet another Morning Star. So, yes, I think a long is in the picture. See 2nd post for Daily chart.
JimIgnored
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