I am not bull or bear in this market. Instead I look for patterns and trends and TRY to discipline myself to trade what's in front of me though I admit its extremely difficult sometimes. I did however notice something interesting here on the 4 hr chart, actually I have several interesting patterns to publish but I'll start here to keep it simple. First of all the green shaded boxes are high volume areas that I extracted from the 2 day chart as it has cleaner levels imo. The pink boxes are where I see an identical pattern both after the fed meeting in Sept and then again Dec. Also look at the RSI patterns during these times-identical. Since seasonality favors an upside move this next week, and because of the generally low volume trading that happens during the holidays, I think we could see a touch of the upper green box between Dec 30-Jan 4 ish. That's it, that's what I see. Let me know what you think. Cheers all.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.