Potential triple bottom
This appears to be a triple bottom forming with the steady trading range we've had and consistent volume. This may indicate a little bit of a bullish move coming in the near future.
This being an hourly chart it's hard to take long term predictions from this, but I feel like a key indication will be whether we get a clean break through that hourly resistance at 6560. Due to the signal limit I can't show it on the chart as I believe the indicators showing are fairly important to determining the local trend - But, there appears to be a W-Bottom on the Bollinger Bands as well.
I feel like this next week or two will be interesting, I have no strong instinct on where we're gonna go over the next month or two so I'm only taking intra-day trades and taking in the information as I go as for now I don't believe I have enough experience trading with the current market behaviour.
This being an hourly chart it's hard to take long term predictions from this, but I feel like a key indication will be whether we get a clean break through that hourly resistance at 6560. Due to the signal limit I can't show it on the chart as I believe the indicators showing are fairly important to determining the local trend - But, there appears to be a W-Bottom on the Bollinger Bands as well.
I feel like this next week or two will be interesting, I have no strong instinct on where we're gonna go over the next month or two so I'm only taking intra-day trades and taking in the information as I go as for now I don't believe I have enough experience trading with the current market behaviour.
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