Disliked{quote} in the chart you post , looks like price will go test high MA5/10 . BUT if you look weekly chart ,price is going lower in an overall UPTREND . What will happens none knows . We trade with probabilities. For price to go test higher and lower of MA's can also be the case next week . Price closed above MBB and 50EMA so has a chance to go higher .Lets say for example , price open lower and keeps going lower all week but FRIDAY decide to go hit higher MAHI5/10 . How do to characterize this move ??? as going higher or lower?? I gave you 3 reasons...Ignored
- #54,365
- May 2, 2020 5:02pm May 2, 2020 5:02pm
- Joined May 2017 | Status: Intermediate Trader | 6,412 Posts
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- #54,373
- Edited 3:28am May 3, 2020 2:04am | Edited 3:28am
- | Commercial User | Joined Feb 2017 | 24,065 Posts
just for a cup of coffee...
- #54,374
- May 3, 2020 2:08am May 3, 2020 2:08am
- | Commercial User | Joined Feb 2017 | 24,065 Posts
just for a cup of coffee...
- #54,378
- May 3, 2020 11:34am May 3, 2020 11:34am
- | Commercial User | Joined Feb 2017 | 24,065 Posts
just for a cup of coffee...