Ignoring data...
Note
Red line is 200 weeks moving average (in 4 hour candles that is a 8400 moving average)
Note
I also think that the power of the 200 weeks moving average is depleted.Note
Putting this idea on "pause". Maybe I was too negative.
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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.