This is just a speculative very short term analyse using GANN on H4 Timeframe. i will make it Quick.
Simple :
- Orange Zone = Triangle Area
- Green Rectangle Zone = Consolidation Zone ( Between 31k-41k )
- Break the Triangle red line = Bullish
- Break Down under 30k ish = Bearish
- Can Notice a possible H&S Pattern on his way
- My advise for now, No Momentum to play, we are in a middle of a fighting Zone. Wait for a Breakout. (94 H4 Bars = Around 15 days )
Happy Tr4Ding !
Simple :
- Orange Zone = Triangle Area
- Green Rectangle Zone = Consolidation Zone ( Between 31k-41k )
- Break the Triangle red line = Bullish
- Break Down under 30k ish = Bearish
- Can Notice a possible H&S Pattern on his way
- My advise for now, No Momentum to play, we are in a middle of a fighting Zone. Wait for a Breakout. (94 H4 Bars = Around 15 days )
Happy Tr4Ding !
Note
After this china new FUD let's see if the King can endure more. Note
H&S pattern unvalidated by the way.Note
Actually more interesting to watch Dominance than the Bears/Bulls Fight :
Note
Note
Back in Triangle.Note
when we cross the red line. Note
Bear Try #5Note
this Daily Candle is very important. Note
Broke out trend. next zones to break : 37k & 41KNote
37k rejected.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.