Market has -memory. Chart has the evidence and believe it or not CPO is at the critical period at this point.
Will the price go down or up or remain at this level????
1. Assuming it goes down and repeat some of the past behavior, where is the most likely target????
2. Assuming it goes up and instead of down. Where is the most likely target?????
No candles .... No many rubbish stuff that you learn ..... just purely simple indicators and zones.... and lines ....
There is no need for me to tell you what the trend is most likely to do next 3 months. Just wait for the show to unfold and perform in front of us.
Surely we have intra day and daily volatility. Will you get affected and swing bang whack by the daily volatility??? If you are affected than I guess, you still have to go back and look at all your idea and understandings about trend and reversal.
Let me say that I don't use candles and volume into the analysis. So you can eliminate 2 factors in your analysis.
Enjoy.....
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