We have price sitting on the 200 EMA(in orange).
We have a Doji candle sitting on the 200EMA.
Is this a minor pullback?
Bulls need price to move above the High of the Doji candle.
Bears need price to fall below the low of the Doji candle and then to the 50 EMA(in blue) and then to 9.87 for a CHOC.
Let us be patient and see what candles appear after the DOJI candle on this 2D chart.
We have a Doji candle sitting on the 200EMA.
Is this a minor pullback?
Bulls need price to move above the High of the Doji candle.
Bears need price to fall below the low of the Doji candle and then to the 50 EMA(in blue) and then to 9.87 for a CHOC.
Let us be patient and see what candles appear after the DOJI candle on this 2D chart.
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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.