Chat Degen Jake here with another fantastic analysis here we see our amazing MTLJTP strategy at large. guiding us every step of the way.
So let me decipher this for you basically nasdaqgaspack has gone ahead and taken liquidity to the upside levels. Thus the red horizontal lines... thats the most fresh information so what we can do with that is now predict one of two things can happen. either itll go ahead from this level go sideways and want to take daily upside liquidity to then make a new Higher high catch resistance and come back down to then fill in some gaps. OR itll go ahead and start shaking down from here. come back up to take out new liquidity that it will make and then simply fall from there.
Lets be patient and let it come to us but very interesting moves ahead thats for sure!