Good day guys!
A bit late with this chart, but something to keep an eye. Last times we had the 4 h EMA Golden cross it was during the consolidation triangle pattern, which gave us an upside, but then a dump. The one before it gave us the bull run which gave us the run up the 14k .
So eyes open people, this could be the starting of the up trend, though is bit too early. If we get too far away from the EMA's, it is a call for a pull back to the EMA's. The best would be to have a pull back in the region of 8500 and then a run up, but the market seems wanna move higher.
The Golden cross has to be taken cautiously, because it just crossed, so be careful.
A bit late with this chart, but something to keep an eye. Last times we had the 4 h EMA Golden cross it was during the consolidation triangle pattern, which gave us an upside, but then a dump. The one before it gave us the bull run which gave us the run up the 14k .
So eyes open people, this could be the starting of the up trend, though is bit too early. If we get too far away from the EMA's, it is a call for a pull back to the EMA's. The best would be to have a pull back in the region of 8500 and then a run up, but the market seems wanna move higher.
The Golden cross has to be taken cautiously, because it just crossed, so be careful.
Trading and analysis are two different skill sets. A tiny percentage of traders possess both capabilities. TA, investor and Developer. Space engineer - CFA
