Theta formed a bottoming formation: V-Shape.
This is bullish, but trading only based on this, it can be tricky. Wait for price to create higher highs above the 200daily MA, test this trend line and resume, before you can feel confident that the market will not turn around.
This is bullish, but trading only based on this, it can be tricky. Wait for price to create higher highs above the 200daily MA, test this trend line and resume, before you can feel confident that the market will not turn around.
Commento:
Initiate trade
Commento:
Still "fighting" the 200MA
