Red or Green?

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.

Yorum:

Yorum:

As a result it is RED Scenario.