Downtrend meets bullish resistance
You will see a clear downtrend in this weekly chart, as we actively test the 200SMA.
Combining the downward signal generated by the Mac D, this is a reasonable setup to watch for a bearish trend.
Heikin Ashi candles have been selected for the purposes of this published idea.
Combining the downward signal generated by the Mac D, this is a reasonable setup to watch for a bearish trend.
Heikin Ashi candles have been selected for the purposes of this published idea.
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