- Am looking at the Dow Jones Industrial average and i have noticed that it is up
on the weekly trend and this is one of the reasons
why I think it's going up
- Also if we use the rocket booster strategy you will notice that the price is
above the 50 Day Moving Average
- Also notice the price is above the 200 Day Moving Average as well
This gives you a signal that the price is in an uptrend as well
You need to look at this price action like you are travelling on a road
going to a certain destination
Until the "cross over " happens then you can take a turn
but remember you have to wait for that crossover,
in this case, we are looking at the cross-over of the 50-Day Moving Average
above the 200-Day-Moving Average to signal an uptrend.
Trade safe.
Rocket boost this content to learn more.
Disclaimer: Trading is risky you will lose money whether you like it or not please learn risk management and profit-taking.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.