G'day all, hope you're well. Well, looks like the EMA theory I mentioned before turned out to be correct. Check out my previous posts for the low down on that if you like. The price fell through the 55 EMA (yellow) and failed to get back above it, or at least hold above it. In theory, the next stop should be the Sasha Grey EMA, or the 200 EMA if you wanna be...
Not much of an additional analysis here, rather more of an update. Take a look at my previous post to get an idea of the EMA rule I use so that this makes a bit more sense. As I mentioned in the last post, we fell through the 21EMA (red one) and failed to get back above it, which generally means we're headed to the 55 EMA (yellow one). Well, that pretty much just...
G'day all, hope you're well! I don't usually publish my ideas, but I thought this might be worth a look since I've been experimenting with the effects of EMAs and Fibs on charts in what I like to call "Order of Priority". So, let's dig in. Before you read on, you hereby acknowledge that you will possibly be exposed to crappy chart jokes that may or may not...
Hi all, First time sharing anything on here, so thought I'd give it a crack. I'm still practically a beginner and want to get good at this, so any constructive feedback would be great to help me along if you'd be so kind. On to the attempted TA: This looks like a rising wedge to me. I at first thought it could be a parallel channel earlier in the pattern, but am...