As we can see in 2014 we had 3 attempts to bounce and reverse the market.
- weekly MA50
- weekly MA100
- weekly MA200
We should look closely at these 3 indicators to find a significantly support that can reverse market
- weekly MA50
- weekly MA100
- weekly MA200
We should look closely at these 3 indicators to find a significantly support that can reverse market
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First target weekly MA50 hit.Note
After reaching our first target, i'm expecting to bounce. At least to the 10k level. Price not necessarily will replacate the 2014 crash. Most likely it will diviate
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bouncing from weekly MA50Note
to clarify: i'm not saying the same pattern of 2014 !. On the contrary i think we will not replicate it.Note
to clarify: i'm not saying we will see the same pattern of 2014 !. On the contrary i think we will not replicate it.Trade active
Note
(almost) hit - weekly MA200
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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.