Scenario:
The Last time the 144 MA on the DAILY CHART cross underneath the 72 MA on the DAILY CHART.
Copy that and past it on top of the current price action
The result of that is this prediction.
What can we say:
If we get rejected in the following days on the Yellow trend line, the chances that we need to correct down to touch the Green line Is high...
Choppy sideways action is a given
Black swan even is also predictable.
The Last time the 144 MA on the DAILY CHART cross underneath the 72 MA on the DAILY CHART.
Copy that and past it on top of the current price action
The result of that is this prediction.
What can we say:
If we get rejected in the following days on the Yellow trend line, the chances that we need to correct down to touch the Green line Is high...
Choppy sideways action is a given
Black swan even is also predictable.
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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.
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.