(chart done by Nichoros Strategy)
Orange = 7 day moving average
Light Blue = 30 day moving average
Light Purple = 90 day moving average
Time frame: 1 hour
Happy Trading!
(chart done by Nichoros Strategy)
Orange = 7 day moving average
Light Blue = 30 day moving average
Light Purple = 90 day moving average
Time frame: 1 hour
Happy Trading!
I smell a double top...
When climbing a wall of worry, there will always be double tops after a dip, even if only for a moment. Only question we can ask ourselves is, will it be rejected? And if so, where is there support before it can try again? Without a catalyst to move, we could always stay here for a while, though I am seeing a nice W drawn here and BBands breaking up.