Monitoring price closed above 30675; Bullish environment.
2020 Yearly Range Study is for my own view, however, if anybody would agree or disagree, do share your view. A different perspective on this subject is very much appreciated.
Following the previous study The recent movement to anticipate is this. I will keep an open mind, as the structure is at peak. Could a retracement happen anytime soon? If yes, where will we wait?
This is only speculation of what may happening for the month of December 2019. These levels will be the decision level I would expect. It is towards end of the year, it may not be a surprise if the market tends to push further than these levels. However, it might help to know whether the question in my head will be answered based on the logic of these...
Nonetheless, the price has reached the new high and with such a big move, either side movement could happen. Let's see what will happen today closed. I did mark the level of where it will go and anticipate the possibility of both sides. Today range: R1 3183.76 R2 3198.93 R3 3221.56 Decision Line: 3161.13 S1 3145.96 S2 3123.33 S3 3108.16
This review is how I will anticipate the market. Knowing the last candle of the year is about to end, I will keep all options open and knowing the opportunity now is here. I post simply a line of level which I will be watching as described. It's simple, the rule of any business is progress unless some significant hickup (usually just an excuse to justify the...
Just my 2ct view. It's the end of year 2019, new year is approaching. 2018 has seen the correction wave completed. Whatever onward will be a great opportunity for a trader strategy and expectation. Market nature is obvious, all business is about growth. However at the time market also need to refresh a room for more growth. The only way to do so is to accumulate...