20/03/22
THE FORECAST FOR WEEK 3 MARCH 2022 IS = BULL
DAYS
PROBABILITY OF DAYS FOR WEEK 4 MARCH = BULL
Week3 of March, on Monday, produced a Bear candle but on Tuesday resistance was experienced and it produced a small almost doji. The following Wed, Thu and Friday produce 3 bull candles. This Friday closed with a new high again, while it didn't break the tail high it closed high. This indicates this week has a good probability of being Bull start with a taper off toward the end of the week.
WEEK
PROBABILITY OF DAYS FOR WEEK 4 MARCH = BULL
Week 3 of March produced a Bull candle. Its body engulfed the previous week. It has a long southward tail, this is a powerful rejection to the Bears. The volume is lower than previous weeks but this can be expected because the reversal is going to be met with resistance. The current position of the chart indicates resistance will be met somewhere around the 75 mark. The OBV is still trending sideways this demonstrates the resistance that will be met. It is probable this week will hit a key price point, it is also possible but less likely, that it will break it.
THE FORECAST FOR WEEK 3 MARCH 2022 IS = BULL
DAYS
PROBABILITY OF DAYS FOR WEEK 4 MARCH = BULL
Week3 of March, on Monday, produced a Bear candle but on Tuesday resistance was experienced and it produced a small almost doji. The following Wed, Thu and Friday produce 3 bull candles. This Friday closed with a new high again, while it didn't break the tail high it closed high. This indicates this week has a good probability of being Bull start with a taper off toward the end of the week.
WEEK
PROBABILITY OF DAYS FOR WEEK 4 MARCH = BULL
Week 3 of March produced a Bull candle. Its body engulfed the previous week. It has a long southward tail, this is a powerful rejection to the Bears. The volume is lower than previous weeks but this can be expected because the reversal is going to be met with resistance. The current position of the chart indicates resistance will be met somewhere around the 75 mark. The OBV is still trending sideways this demonstrates the resistance that will be met. It is probable this week will hit a key price point, it is also possible but less likely, that it will break it.
Note
Accurate forecast
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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.
Disclaimer
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.