The prognosis for week 3 of May 2022 is Bull
This assessment in no way considered financial advice.
Moving onto the day chart, we can see the week began quite slow, but still trending down. Come Wednesday a Bear move commenced but with a decent tail north-facing, Thursday again bear but this time a decrease in size but an increase in volume, this can indicate selling off is in flight. Friday, a Bull candle, support the possibility Thursday was heavy selling. The OBV is trending down but the daily candles indicate a decent possibility of a Bull week this week, in fact, it appears to be a decent possibility.
This assessment in no way considered financial advice.
Moving onto the day chart, we can see the week began quite slow, but still trending down. Come Wednesday a Bear move commenced but with a decent tail north-facing, Thursday again bear but this time a decrease in size but an increase in volume, this can indicate selling off is in flight. Friday, a Bull candle, support the possibility Thursday was heavy selling. The OBV is trending down but the daily candles indicate a decent possibility of a Bull week this week, in fact, it appears to be a decent possibility.