Red or Green?
Updated
1976 is a new resistance.
Trading Volume not big while breakup previous resistance(Orange Zone).
Possible Development Scenarios:
Green Scenario:
A possible backtest Orange Zone(The previous resistance)
Red Scenario:
Forming a head and shoulder pattern to test The previous support(Blue Zone)
Bias: Green Scenario preferable.
This is a Personal Record only, not for any trading advice.
Trading Volume not big while breakup previous resistance(Orange Zone).
Possible Development Scenarios:
Green Scenario:
A possible backtest Orange Zone(The previous resistance)
Red Scenario:
Forming a head and shoulder pattern to test The previous support(Blue Zone)
Bias: Green Scenario preferable.
This is a Personal Record only, not for any trading advice.
Note
Note
As a result it is RED Scenario.
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