Well, It doesnt.
Welcome Plebs I am the master of decpetion, the legend of inaccuracy and the pleaser of the mob...blah blah blah something something something...whatever.
Apparently some popular dude said the bottom looked like 2015...well I got news for you in 2015 we never consolidated under the 200WEMA...heck we didnt even close a week under neath it. Yes, the 200 MA is big time support but the last few times we have been wedged between an ema on top and a ma on the bottom (look back through my charts there are other examples) the down sloping ema won out...OH and another thing...the 200 MA is about to start pointing downward something that has never happend.
Don't listen to the charlatans...Red Boar brings the truth...
Good Lucks guys and gals!
Red Boar
Welcome Plebs I am the master of decpetion, the legend of inaccuracy and the pleaser of the mob...blah blah blah something something something...whatever.
Apparently some popular dude said the bottom looked like 2015...well I got news for you in 2015 we never consolidated under the 200WEMA...heck we didnt even close a week under neath it. Yes, the 200 MA is big time support but the last few times we have been wedged between an ema on top and a ma on the bottom (look back through my charts there are other examples) the down sloping ema won out...OH and another thing...the 200 MA is about to start pointing downward something that has never happend.
Don't listen to the charlatans...Red Boar brings the truth...
Good Lucks guys and gals!
Red Boar
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.