$MAR – Indicator Bears vs Technical Bulls
Look at all these indicators… H/S, the start of an inverse C/H, break down through rising wedge, gap to be filled…and testing this idea of a volume shelf at 120 (90 and 180 day chart) which interestingly seems to be on course to converge at the 200 day EMA.
Now look at the 1 week and 1 month technical oscillators and MA’s – all buy signals.
Crazy - very curious who will win.
“I’m not an expert but I have watched a lot of youtube videos.”
MAR
Look at all these indicators… H/S, the start of an inverse C/H, break down through rising wedge, gap to be filled…and testing this idea of a volume shelf at 120 (90 and 180 day chart) which interestingly seems to be on course to converge at the 200 day EMA.
Now look at the 1 week and 1 month technical oscillators and MA’s – all buy signals.
Crazy - very curious who will win.
“I’m not an expert but I have watched a lot of youtube videos.”
MAR
Comment:
I thought we would test the 21 day EMA but $MAR appears to be bouncing off the 0.618 fib level.
Comment:
nothing has changed - purgatory.
Trade closed: target reached:
Calling it - indicator win.