So I did my first analysis a few days ago, where I caught the incoming around the 181 mark, and I proceeded to call out the targets of 165, 155, and 144. We have thus far touched all of them, and I still believe that the EMA 50/200 cross is showing continued divergence. While my projected analysis is nothing more than speculation through a replication of the past...
Hi guys, this is my first stab at charting an analysis of any kind, so I welcome any input or criticisms. While Looking at the EMA 50 Day and 200 Day lines, I've come to notice via the 4H chart that every time the 200 day crosses above the 50 day, there is a distinctive downtrend (denoted by the rectangles). Upon reaching the 192.40ish zone, the 50 day began to...