In recent previous days we had explore and observe market, and in the end we got that market are moving like zigzag mean its constantly moving in small zone , without going too upward or too downward. What's the reason behind it??
This is what we call, trading sideways pattern (
https://www.investopedia.com/terms/s/sidewaysmarket.asp).
So we can take advantage of it and look at the bright side, this is a good opportunity to accumulate.
The main reason behind it is that the market is undecided, traders are not pulling any (buy/sell) or at least there is a balance between the two.
I am unhappy because it didn't even show any green signal.
So can any told me his opinion about this situation of market. Because I am tired of this😥😥
Of course, who wouldn't be happy to see this kind of movement. But as I have said, this could just be calm before the store, so it's better to be ready.