------------------------------------- Disclaimer: These Charts are referring to solely: 4 Hour Time Frame --------------------------------------------------------
The chart displayed in front of you is pretty bland. The reason for that is because what I want you to focus on is our 30 & 200 MA cross. When we crossed (or atleast touched) we saw a 3% pump, but if we look at our last rally we can see something somewhat similar:
Now, we didn't pump directly from the cross, but just around that time we saw a rally of just about 3.4%. You see what im getting at? Exit pump. Fakeout. Pump then dump massively.
For more understanding of how important these moving averages are; take a look at our rallies. They tend to cross only once before there is a reversal. Check it out in these photos below:
But again... This is just a bold prediction that I do not recommend anyone trading off of. My long term trade account has been set at a 5x short from 9950, and that has been the case for weeks. I won't make adjustments to that, and for the time being with my scalping account I will continue to make very short term trades until I see that we have dipped below the 200MA.
The chart displayed in front of you is pretty bland. The reason for that is because what I want you to focus on is our 30 & 200 MA cross. When we crossed (or atleast touched) we saw a 3% pump, but if we look at our last rally we can see something somewhat similar:
For more understanding of how important these moving averages are; take a look at our rallies. They tend to cross only once before there is a reversal. Check it out in these photos below:
But again... This is just a bold prediction that I do not recommend anyone trading off of. My long term trade account has been set at a 5x short from 9950, and that has been the case for weeks. I won't make adjustments to that, and for the time being with my scalping account I will continue to make very short term trades until I see that we have dipped below the 200MA.