We just are approaching the 200 EMA on 4 hour chart Time-Frame. In the last 6 months it's been holding the price up. But we know that at some point trends always break and form new ones.
That's the question. Will it still hold, or break soon?
-200 EMA on 4 Hour-Chart has been broken. Now this should be a rather significant break (Hopefully not a bear-trap) -Now we should be seeing this one acting as resistance. -Will update you on my LONG CALLS.
Another of my calls was right on point once again. Thats what the TA from this post turned into.
After breaking the 4 hour TF, 200 EMA, that acted as support all the last few months... It then retested this very S&R and fell down once again since it acted as resistance.
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