Grafico mensile su scala log
Techniocal structure, watinig for another dumps to buy the lows after this "storic" pandemic period.
123 high , the short pattern will trigger below 280-279.5, stop loss 289 tp as attached
Some trendlines, red lines are the main levels from weekly range of the last bull and bear run
I wait thursday-friday to think about some long positions
Pullback on daily supportive area. Short-medium term, in case of fast bullish spikes above 6k, take profits. BUY STOP, PROFIT TARGET as attached. I think that if there will be a bullish pullback in the next hours and big volumes confirming the swings, we should try to reach the 23.6%-38.2% area first, and after a bullish breakout, the continuation should stop at...
this situation seems like a accumulation/distribution phase, where prices use to float into a trading range area. After a squeeze outside the triangle and rectangle area we'll understand where the money flows are going!
Basing on the hypothesis of "Sell in May" we have a 66.66% of accuracy (8 red months, 4 green months, so 8win/12trades). It should be a nice start for a study on statistical cycles patterns, seasonality and other things.... All thanks to Enrico!!
7 hours ago has triggered a Bullish signal
Breaking down on H1, for some Intraday setups