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

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?

評論:

Major 5 level Grid Range

評論:

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

評論:

Low side 8 days MA test was Rejected.

評論:

High side testing failure. Drop to our target zone.

評論:

backtest

評論:

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

評論:

評論:

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.