Sideway Walking or BackTest Blue zone

Possible 2 Scenario development:
1. Sideway walking between Orange and Green Zone.

2. Backtest previous support (Blue Zone)

Support:
-8 days SMA(Green zone),
-8 weeks SMA(Blue Zone),
-20 weeks SMA(Lime line),
-30 weeks SMA(Blue line)

Resistance:
-85 weeks SMA(Red line),
-90 weeks SMA(Purple line)

Personal Record only, not for any financial advise.

Yorum:

Backtest blue zone Scenario.

Yorum:

As per our estimated. Possible A Falling Wedge Pattern.