Updated: Dec 1, 2022
*Accuracy rating update: 100% or 15/15 predictions correct*
We have the halting of a bullish trend marked by a notable decline through a significant support level. It’s nullified, however, meaning that move will somehow be counteracted. There’s a notable move on a one-day chart moving into the high. For the low, there will be a notable move to the downside on a one-day chart. That move to the downside will start from a crest or peak. There’s also an important resistance level that I’m advised to trade around.
On September 15, 2022, in the pre-market we’ll see a rally that increases with the momentum moving into the open. At the open, we have some sideways rotation. We may bump up and along resistance for a bit. That sideways rotation ends with a fast, sudden move to the upside. Somewhere around the open, likely in the first half hour, we’ll reach a high. Out of that high, we have a notable trade opportunity to open up some protection. Between roughly 10:00 a.m. and 11:00 a.m., we’ll see a decline through multiple support levels. Somewhere between 11:00 a.m. and noon, we reach a day’s low. An attempt to establish support is highlighted here. Into the middle of the day, we have some fluctuations in volatility with a sharp dip in the midst of those fluctuations. We may have a bit of a rise midday out of that low. Roughly around 1:00 p.m. and 2:00 p.m., we’ll see a crest form. There’s a decline off of that crest to and through a support level, followed by a reversal to reuse that support level it previously broke through.
Between 2:00 p.m. to 3:00, we move sideways along that support level with equal amounts of inflow and outflow. In the last hour, there’s three pokes through the same price level followed by a sharp decline off of that third poke. We’ll decline into another low right around the close. There’s a trade opportunity right around the close as well, likely a day trade.