Hello my friends,
Today's drawing is a little complicated and has a lot of details, but the market is also complex and confusing and needs a lot of study.....
FIRST: On June 21, MA7 crossed with MA200.
15 days later, the MA50 crossed with MA200 in conjunction with MA7 approaching them, then began to move away from them and then returned to cut the MA50 from the bottom, exactly 21 days after the intersection of MA50 and MA200!!!!
SECOND: Today we are facing exactly the same movement as if it was copy-paste!!!!
The intersection of MA7 with MA200 occurred on January 8th.
The intersection of MA50 with MA200 occurred exactly 15 days later on 23rd coinciding with MA7 approaching them, then moved away and now comes back again very close to breaking through MA50 from below (3 days left to complete 21 days since the intersection of MA50 and MA200)!!!!!!!!! Can you imagine?
-After this breach before, a very strong rally started that brought us to a new ATH. It looks like the spark.
But.. there are also negative signs that cannot be ignored:
-First, we are in front of an intersection of solid resistance lines, whose breach after three days may coincide with the intersection of the averages
-Secondly, there is a negative divergence with both RSI and STOCHASTIC.
We have three days to find out what happens!!!!!
WHAT DO YOU THINK?
Today's drawing is a little complicated and has a lot of details, but the market is also complex and confusing and needs a lot of study.....
FIRST: On June 21, MA7 crossed with MA200.
15 days later, the MA50 crossed with MA200 in conjunction with MA7 approaching them, then began to move away from them and then returned to cut the MA50 from the bottom, exactly 21 days after the intersection of MA50 and MA200!!!!
SECOND: Today we are facing exactly the same movement as if it was copy-paste!!!!
The intersection of MA7 with MA200 occurred on January 8th.
The intersection of MA50 with MA200 occurred exactly 15 days later on 23rd coinciding with MA7 approaching them, then moved away and now comes back again very close to breaking through MA50 from below (3 days left to complete 21 days since the intersection of MA50 and MA200)!!!!!!!!! Can you imagine?
-After this breach before, a very strong rally started that brought us to a new ATH. It looks like the spark.
But.. there are also negative signs that cannot be ignored:
-First, we are in front of an intersection of solid resistance lines, whose breach after three days may coincide with the intersection of the averages
-Secondly, there is a negative divergence with both RSI and STOCHASTIC.
We have three days to find out what happens!!!!!
WHAT DO YOU THINK?
Note
unbelievable what happened yesterday,The intersection almost happened.... he reached a nearby point and then retreated!!!!!!!!!
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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.