there is tow scenario:
1.if we break ema 50 to upside we should except very big bullish green candle and then we could say we are in a very strong uptrend.
2.if we rejected from 50 ema and then we should wait for a very big dump just like red circle i show in chart
4k gap is not yet filled and 8.5k gap too
we should wait and watch one of them is in the head of the row and whales wants to fill them first
and watch the green rectangle carefully this is our very powerful supply zone and can reversal the trend easily
have a nice weekend and be careful about weekend fake pumps
if you know something please comment it
and if you find this useful like me ;)
1.if we break ema 50 to upside we should except very big bullish green candle and then we could say we are in a very strong uptrend.
2.if we rejected from 50 ema and then we should wait for a very big dump just like red circle i show in chart
4k gap is not yet filled and 8.5k gap too
we should wait and watch one of them is in the head of the row and whales wants to fill them first
and watch the green rectangle carefully this is our very powerful supply zone and can reversal the trend easily
have a nice weekend and be careful about weekend fake pumps
if you know something please comment it
and if you find this useful like me ;)
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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.
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.