Players often have a profit target - it's the fear/greed thing - keeping to a comfort zone and only entering outside of that when they feel the break is significant.
So I use EMTL's to try and gauge what are the probable boundaries. Right is Day and left 4 Hr. On the day there is still a Classic line above (not drawn) but this looks like the sentiment has made a bullish breakout.
On the 4 Hr the dotted lines are those Daily EMTL's. The main ones I'm looking at are the red - no closes outside this comfort zone ( the arrow is an insignificant exception).
We got some hard work to get up without a pullback either side of the red line.
Lovely kick em out action at the moment on the 1/5 min
gotta get some sleep, 3 am here. We're going up into mountains following the Portugese trail to the goldmines for a week on horseback, camping in the jungle. See you guys later if anaconda doesn't get me.