RTX top at structure

Alright guys, let’s take a look at Raytheon, RT x. And we just wrapped up a entire series this week on the three ES code indicator. And that’s what you’re seeing right here. With these arrows. Basically, we have a green arrow and a red arrow over here, we see we have green, red and blue. What this is, is a 123 is printing 123, top and bottom patterns. So you can see we have this 123 top pattern over here to the downside, followed by a 123 bottom pattern with targets along the way. Same thing right here 123 bottom pattern with target one, target two, we had a 123 top tried to form here did not trigger and then we had a 123 top here came about looks like 95% way to target one and then reversed. And now we’re getting a new 123 tops. So what I like to see here is 123 tops or bottoms forming on both charts. So that means the daily that we trade off of as well as the higher time frame in this case being the weekly. Furthermore, I like to see this happening as structure. This is structure resistance up here at the psychological round, 100 number see we pressed up through here likely taking out wheat shorts, this 103 came up to 103104. And now we’re kind of looks like we’re consolidating a bit buyers, sellers not quite sure what to do right here, right now, sellers or maintain this level at 100. So we’re looking at a 123 top pattern on both the weekly and daily. So I’m just going to do a little trendline here. And if this number two area holds right here at 95, which is the number two on the daily we’re projecting a target. Remember the 123 top is measured from the hive, one two low the two we’re projecting a potential target down from that low the number two, which would take us to about $83 You can see that that lines up perfectly because that’s really the next area of structure we’d be targeting anyway, we have structure here why because this was the last area before we consolidated before ripping up higher and making new highs taking out all this resistance. So hopefully if you’ve been watching the videos you kind of see how this all starts to tie together. We have these high probability topping patterns I either 123 top or 123 bottom at structure targeting next area of likely structure so we’re waiting watching here on breaks below about 93 Half 94. Notice again another piece of confluence that takes us below the trend line upwards trend line here we get through that area we’re looking to take it down to about 83 or $84. Now I’m going to be talking about this exact same concept in the upcoming wealth 365 summit the week of April 4 through the ninth there’s going to be 60 plus speakers 60 Plus speakers, I guarantee you, these spots will be filled they will be taken up quickly. So I encourage you to head on over enter your name and email address to claim your free ticket. Lock it in. There’s no obligation and I can’t wait to see you there.