Hi X-Man,
I have noticed a few times that even though we have a TDI cross and perhaps PA moving below the 5 MA the price hesitates in going donw as it is doing just now on the hourly TF.
The reason, as I have noticed, could be that the Yellow Dotted Market Base line is below 50 and rising. So until that tepers off and starts dropping the PA will not drop.
Is my reading correct?
DD
I have noticed a few times that even though we have a TDI cross and perhaps PA moving below the 5 MA the price hesitates in going donw as it is doing just now on the hourly TF.
The reason, as I have noticed, could be that the Yellow Dotted Market Base line is below 50 and rising. So until that tepers off and starts dropping the PA will not drop.
Is my reading correct?
DD