We missed the bullish cross on the 50EMA and 100MA the last time it was close to happening in November last year (see link) cause the price got bearish causing the lines to move away from each other just as they were about to cross. This same scenario is happening again.
We are getting close to the bullish cross happening again. To know how relevant this is, check the chart shown in the link for a short discussion on this long-term uptrend bullish scenario possibility. Wait for the cross to be confirmed before entering any trade.
Just an observation. Trade with care, nothing is 100%. Good luck!
We are getting close to the bullish cross happening again. To know how relevant this is, check the chart shown in the link for a short discussion on this long-term uptrend bullish scenario possibility. Wait for the cross to be confirmed before entering any trade.
Just an observation. Trade with care, nothing is 100%. Good luck!
