The 21 and 34 EMA on the daily are doing their job.
21 EMA Chart
34 EMA chart
8 HRLY chart
21 EMA Chart
8 HRLY chart
Comment:
Looking at the 2D chart, short term, if it closes like this candle stick, it can be a good opportunity to short. MACD has confluence on the price with a slight downward crossover. Hence the waiting for the 2 D to close.
Comment:
This looks like a level to start getting in...Wait for the 4 HRLY candle to finish first
Order cancelled:
As everyone knows, we are now bearish and are less likely to see a bull run any time soon. My expectations is will will hit the bottom trend line and see a boring price movement for a long time. Which is a good thing.
Comment:
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
