A key for the above chart to define the horizontal lines and dots. For further explanation, see this link:
Criteria 1a on the traded time frame (15m) with long-term trend agreement (20MA > 50MA) you're looking to buy a breakout of previous highs
Higher time frame, Daily:
Stretching into upper channel, showing some profit taking into the $150 mark. Hourly chart showing 2c-2d criteria with strong trend development, so "dips" will see buying (or covering)
So, being that the hourly is showing 2c-2d we could look for a 3d criteria setup on the faster (15-min) time frame (in the form of 3-pushes to a low, inverse head & shoulders, or seed wave)
E-mini continuous 240-min chart:
Channel still intact. Price completing 1.5x projection of most recent momentum projection (2x comes in at 1512.75).
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