MAR – Indicator Bears vs Technical BullsLook 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.”
MARNote
I thought we would test the 21 day EMA but MAR appears to be bouncing off the 0.618 fib level.Note
nothing has changed - purgatory.Trade closed: target reached
Calling it - indicator win.
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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.