Range Trading?

2022年1月20日

Recently it is Range trading between 3 days average (4 hour chart 80 bars average) and 250 days average(4 hour chart 1500 bar average).

Let's see which side is fake one?

Bias is in the long side.

Personal Record Only, not trading advise.

2022年1月21日

註釋

As per discussion, BLACK Friday.

Let's see if it is a inverted head, and the Inverted H&S development.

2022年1月22日

註釋

Looking like yearly average(lime color curve) provide a temp support.

2022年1月22日

註釋

2022年2月4日

註釋

Yearly log curve(2160 X 4 hour(360 days) orange line) is a strong support.(Orange Curve)
Now 80x4 hours line become range support(3.5 days). (Black Curve)
Pressure is now the blue line(240X4 hours=40 days) (Blue Curve)