#MarketPullback
The Christmas holidays are a special time when many financial markets around the world suspend their activities, and traders and investors follow suit to take a break.
Classical financial markets (forex, stocks, commodities...) are closed on Christmas (December 25), and on December 24 (Christmas Eve), trading on these markets usually ends earlier than usual. Additionally, New Year's Day is also an official holiday.
During the Christmas period, liquidity becomes significantly lower, and volatility decreases, as speculators and investors gradually go on 'vacation' along with major participants, leaving room for unpredictable and manipulative movements. It is unrealistic to expect full-fledged trading during such periods: assets may monotonously and illogically drift towards targets, ignoring patterns🎄
Historical data shows that during holiday periods, we often observe a decline in trading activity.