Cable analysis based on seasonal data

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When looking at this chart, I ask 3 questions:

1). Bias = What trend are we currently in?

- Downtrend, P2

2). Are we following a seasonal pattern?

- Yes, 20 years pattern

3). What does this mean?

- Seasonals show us a move to the upside, but we are in a downtrend so this is a P2
- Seasonally we expect a market high around 31/01 before a move lower, this could be around the monthly pivot point as previously highlighted for other P1's

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.