When you see these titles, please keep in mind that this isn't scripture nor something that must happen, it is just an "idea" that I am sharing here with you.
STPT is preparing for a big jump... But it can also NOT happen...
Prices are safely trading above EMA50, which means that the bears have lost full control... Or, that the bulls are now on top.
With this little detail we now have in place, we can look at MA200 as the next target if things do go our way.
Chart reading and trading are definitely not the same... They are different.
With chart reading, you share the possible scenarios that can happen when you hit "play"...
With trading, you take calculated risks, with numbers, based on what is happening and what happens next.
Ones just tell you what you are looking at... The other prompts you to take action if a certain scenario takes place.