Just an idea from a newbie so
**do not take this as advice or anything, just ignore and carry on**.
I'm thinking we're moving towards the 800's and if broken we might go to the buy zone of 750-780 if adjusted to historical data from 2016. If a diamond bottoms or inverted head and shoulders is formed here I would call this a buy signal for long bull.
Just started learning, so any feedback appreciated in case someone happens to take a look at this.
**do not take this as advice or anything, just ignore and carry on**.
I'm thinking we're moving towards the 800's and if broken we might go to the buy zone of 750-780 if adjusted to historical data from 2016. If a diamond bottoms or inverted head and shoulders is formed here I would call this a buy signal for long bull.
Just started learning, so any feedback appreciated in case someone happens to take a look at this.
Commento:
Seems like a bearish head and shoulders might be forming.
Commento:
Bearish h&s was formed and we've been slightly under 800. Will be a fall to the next resistance zone from here. Still waiting for positive signals.
Commento:
After confirming double bottom around 790 bulls are stampeding. Next big resistance around 900. We have broken a couple of bearish trends, the one going through 870 being one of them recently. Feeling bullish. This also being last update on this chart.