My view of 3 local scenarios (a,b,c).
a - accumulation in a golden zone 22 700 - 23 000, volatility decrease, and the break out
b - accumulation fail and break down
c - high volatility, level retest and the break out
23000 - 23100 is the main local resistance.
a - accumulation in a golden zone 22 700 - 23 000, volatility decrease, and the break out
b - accumulation fail and break down
c - high volatility, level retest and the break out
23000 - 23100 is the main local resistance.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.