So far we have just a bounce. For the reversal to occur we need 13, 34 and 89 WMAs to turn positive on at least 4 hour charts. It has to also be confirmed by the upward looking 40 days WMA.
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So far we have just a bounce. For the reversal to occur we need 13, 34 and 89 WMAs to turn positive on at least 4 hour charts. It has to also be confirmed by the upward looking 40 days WMA.
@srezz so you think this is a bull trap and then it potentially hits a lower low?
Pls see my last update.