$SHELL | Why Timeframes Can Tell Different Stories
A technical summary dated October 27 showed a more positive bias on the 4-hour chart, while the weekly outlook remained neutral to weak. Some calculations also placed the 50-day average below the 200-day average.
Short-term strength does not automatically confirm a long-term trend change.
#MultiTimeframe #TrendAnalysis #PriceAction
A technical summary dated October 27 showed a more positive bias on the 4-hour chart, while the weekly outlook remained neutral to weak. Some calculations also placed the 50-day average below the 200-day average.
Short-term strength does not automatically confirm a long-term trend change.
#MultiTimeframe #TrendAnalysis #PriceAction
