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

Zaktualizowano
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:
snapshot
If the test hold, a breakup previous high(Said 2142.85) is expected for bullish trend.

Possible Range(Grid) Trading in Lime and Red Zone


Let's observe if it is still in Adam and Eve pattern development?
Uwaga
snapshot
Major 5 level Grid Range
Uwaga
snapshot
As per expected, it back-test.
Let's observe how low it will be tested? 50 day MA?
Uwaga
snapshot

Low side 8 days MA test was Rejected.
Uwaga
snapshot
High side testing failure. Drop to our target zone.
Uwaga
snapshot
backtest
Uwaga
snapshot
Maybe End of Crazy Backtest.
Possible challenge 2000(Red Region).
Uwaga
snapshot
Uwaga
snapshot
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.
Trend Analysis

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