OK so long term the 200 week and day MA has been the only MA I use as an indicator 😅 before recent times we never closed a weekly candle below it.
The blue area is anything under the 200weekly.
Either way we recently broke above it (very bullish!!!) However we need a retest. If we are going up again it will surely be a bounce from this line?
Thats if it finds support...
If we break below it, prepare for bearish volatility!!!
The blue area is anything under the 200weekly.
Either way we recently broke above it (very bullish!!!) However we need a retest. If we are going up again it will surely be a bounce from this line?
Thats if it finds support...
If we break below it, prepare for bearish volatility!!!