No voodoo here, no nonsense, just a simple possibility.
1 simple trend-based Fib, 1 simple possibility based on what happened last time we failed the Weekly 50 MA.
I am not a bear, I want nothing more than to get back on track, I am hedged with buys all the way down.
Dollar Cost Average, don't catch knives.
Long-term survival
Steady growth
High profits
In that order.
1 simple trend-based Fib, 1 simple possibility based on what happened last time we failed the Weekly 50 MA.
I am not a bear, I want nothing more than to get back on track, I am hedged with buys all the way down.
Dollar Cost Average, don't catch knives.
Long-term survival
Steady growth
High profits
In that order.
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Weekly 50 MA supportive so far.
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It's make or break time! Can we close the week bullish, breaking the 50 RSI and above the horizontal Price Action Based Resistance.
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You see the importance of the EMA's here, currently supported on the 55 and testing the 9. Certainly a long way to go, but once we force the 9 to cross above the 20 and retain support, it's all systems go.
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A closer look at the range we need to break through.
