I don't think this is very probably, however it is possible. I could make an argument for a head and shoulders pattern starting to form on the monthly. and previous support/resistance levels could indicate future support... Indicating potential entry zones.
The drawback to this idea is that I didn't do this in log scale.. which I like to do when looking at time frames that span this long. I will try and follow this up with a log version of this and see if any patterns pop out at me.
The drawback to this idea is that I didn't do this in log scale.. which I like to do when looking at time frames that span this long. I will try and follow this up with a log version of this and see if any patterns pop out at me.
ความคิดเห็น:
nailed the top :flex: