No voodoo here, no nonsense, just a simple possibility.
1 simple trend-based Fib, 1 simple possibility based on what happened last time we failed the Weekly 50 MA.
I am not a bear, I want nothing more than to get back on track, I am hedged with buys all the way down.
Dollar Cost Average, don't catch knives.
Long-term survival
Steady growth
High profits
In that order.
1 simple trend-based Fib, 1 simple possibility based on what happened last time we failed the Weekly 50 MA.
I am not a bear, I want nothing more than to get back on track, I am hedged with buys all the way down.
Dollar Cost Average, don't catch knives.
Long-term survival
Steady growth
High profits
In that order.
Note
Weekly 50 MA supportive so far.Note
It's make or break time! Can we close the week bullish, breaking the 50 RSI and above the horizontal Price Action Based Resistance.Note
You see the importance of the EMA's here, currently supported on the 55 and testing the 9. Certainly a long way to go, but once we force the 9 to cross above the 20 and retain support, it's all systems go.Note
A closer look at the range we need to break through.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.