Range Trading?

20 בינו׳ 2022

Recently it is Range trading between 3 days average (4 hour chart 80 bars average) and 250 days average(4 hour chart 1500 bar average).

Let's see which side is fake one?

Bias is in the long side.

Personal Record Only, not trading advise.

21 בינו׳ 2022

הערה

As per discussion, BLACK Friday.

Let's see if it is a inverted head, and the Inverted H&S development.

22 בינו׳ 2022

הערה

Looking like yearly average(lime color curve) provide a temp support.

22 בינו׳ 2022

הערה

4 בפבר׳ 2022

הערה

Yearly log curve(2160 X 4 hour(360 days) orange line) is a strong support.(Orange Curve)
Now 80x4 hours line become range support(3.5 days). (Black Curve)
Pressure is now the blue line(240X4 hours=40 days) (Blue Curve)