6 month chart is your key chart now.
Right now we are in some kind of a trading range.
That Green 10 sma if first resistance and the Blue sma has proven to be extreme resistance.
Expect lots of volatility near term.
Possibly a test eventually of the lows then see what happens.
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Glad to heard that from you. I started to visit more often the 6 months charts due to this market conditions, and the outcome has been very helpful on my trade decisions lately 🤔
Yeah the double top at 4575 has me expecting a retest around 4300, but the tricky part is guessing the timeframe. Could be a week, two, a month…and if we somehow avert big war news we could bounce at 4300 and keep consolidating. Like the volatility call. Thank you as always!