The 50day MA has been a great indicator to make HTF decisions. Long here, will get out of trade if we get a convincing daily close below the 50MA. They have used HTF MA's to execute stop hunts during this run so definitely possibility of chop around the 50 day. Not advise.
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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.