Bears are in full control
REJECTED FROM 50 WMA (low)...
bears are in full control
look for a rejection of the
4 & 8 EMA for potential entry
on ANY timeframe
If bullish (riding the bounces) profit taking expecting rejection of 4 & 8 ema
Negated on a bullish break of the 50 WMA
AND 4 & 8 EMA acting as support.
bears are in full control
look for a rejection of the
4 & 8 EMA for potential entry
on ANY timeframe
If bullish (riding the bounces) profit taking expecting rejection of 4 & 8 ema
Negated on a bullish break of the 50 WMA
AND 4 & 8 EMA acting as support.
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