It would be nice to back-test support, then break previous high.

22 giu 2023

If it could backtest support : said 1800-1830.
A long term pressure line zone(Purple) has been breakup, suppose that Pressure becoming support.

A closer look as following:

If the test hold, a breakup previous high(Said 2142.85) is expected for bullish trend.

Let's observe if it is still in Adam and Eve pattern development?

22 giu 2023

Nota

Major 5 level Grid Range

26 giu 2023

Nota

As per expected, it back-test.
Let's observe how low it will be tested? 50 day MA?

27 giu 2023

Nota

Low side 8 days MA test was Rejected.

28 giu 2023

Nota

High side testing failure. Drop to our target zone.

17 ago 2023

Nota

backtest

24 ott 2023

Nota

Maybe End of Crazy Backtest.
Possible challenge 2000(Red Region).

5 nov 2023

Nota

9 nov 2023

Nota

We mentioned on Oct 25, 2023:
"Maybe End of Crazy Backtest.
Possible challenge 2000(Red Region). "

After break up flag pattern and retest flag upside.
Then it reach Red region.