Last week we have a [ shooting star / Inverted Hammer ] pattern up at the region of 230 - 232 , which can mark a potential trend reversal
However , market tends to struggle for the whole week almost within the previous bar's length and go back within the [ shooting star ] leaving an indeterminate result
Weekly Simple moving average shown that trading range is still between 232 / 220 / 208
Wave structure may have been confirmed that we are in the end of Wave IV ( ABC ) , thus waiting for the beginning of V , however , breaking the close of last year at 21910 is a must in order to proceed the coming wave V
Happy Weekend ! ....in such a moon cake market
Yam : (
沒有留言:
發佈留言