UPDATE On last chart CLSK

27 Kas 2024

We are approaching a golden cross, For the bulls we want a significant cross to confirm, you can look back in the history to see the power of the crosses. However I am in a short position, again looking at our history we can see in the larger structure behind we had a death cross and a failed golden cross. Should we fall through these MA's and not get a significant crossover you can also see the power of a death cross in the history. Should we fail here I have an area of Fibonacci confluence for a primary target area. GL!!!, Watch this one.

19 Ara 2024

İşlem aktif

First gap filled (gaps are purple). The 55 is above the 200 EMA on the daily and pointing down. Bears looking for the death cross to re-establish... Strong fib confluence, 2 as shown on the chart and picked up another one, 3 Fibonacci now in confluence on the target area. Algo's will be looking for a fill down there!!!

24 Şub

Not

So, this chart is playing out as described, the golden cross failed as predicted and we are fully into the death cross since this last update. Daily chart has since dropped the 55 Ema through the 200 EMA (death Cross) and we are below both EMA's. Position and Target remain the same for the time being. GL!!!