In the last 6/7 months, prices often rise sharply at the beginning of the month, around +4–5% or more.
If the market is weak/decreasing at the end of the month, there is a high chance that early February will see a short-term rebound in the first few days.
Conversely, if the market is strong/rising before February, it usually increases early in the month and then reverses to decline for the rest of the month.
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Next week, a new monthly candle opens.
In the last 6/7 months, prices often rise sharply at the beginning of the month, around +4–5% or more.
If the market is weak/decreasing at the end of the month, there is a high chance that early February will see a short-term rebound in the first few days.
Conversely, if the market is strong/rising before February, it usually increases early in the month and then reverses to decline for the rest of the month.
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