Maybe a poprer Long Area in Grid Trade

It looks like a proper buy zone from Grid Trading logic.
buy 1/3 position between 700 Day and 750 Day LogMA
buy another 1/3 position between 750 Day and 800 Day LogMA
And buy another 1/3 position between 800 D Log MA 900 Day LogMA.

This is a Personal Record only, not a trade advice.

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Dump Again

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4 hours chart with 8, 50, 160, 700, 750, and 800 Day LogMA Line

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Just touch 800 Days LogMA

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As per our epected. Touch 800 days LMA, thenn rebouce.
It could be viewed Big Players are Pushing Down to buy.
Maybe it is in a Big Triangle Development( Grid Trading in this range.)

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Note: Maybe it is in a Big Triangle Development.

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Continue to dump. currently it test 850 day LogMA, let's see if it want to test 900 days log MA.

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Will it retest 900, 1000, and 1100 days log MA?
From weekly chart it seems this trend.
price lower than this region is very rare.

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Touch 900 MA
A possible ABC Correction. If it is in this case, maybe it will retest low 1271 to 1279 again. After it was rejected, another BIG wave up is expected.

If it is not in this case(ABC correction), it will test 879 to 900 which 1100 to 1200 days MA.

BMYWin

Related publications

Possible 2 Development Scenario

by BMYWin

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