I have some older trend and formation notes on this chart as those did prove accurate. However, my readings of indicators suggest that we are in for a Flat neutral movement. I see no reason that any major uptrend will start anytime soon. If an uptrend does start, bet that it will be a slow progression and it will seem like one, however remember the LARGE neutral zone I have, yup... expect price action in this area, and take swift profits here. I'd expect more of a quick Fallout in price rather than a quick upswing into another bull run. Be careful. I'll start looking for some Quick Trick Trades and maybe post those, "maybe".
Recap, Uptrend/Neutral/Downtrend areas have been charted as color coded rectangular areas, I'm expecting price to be moving in the Neutral Area for a while, however the pressures of indicators, suggest a quick drop in price rather than an uptrend bull run.
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.