As the downtrend continues, the 50, 100 and 200 are starting to converge on the 4h chart. We are going to see some huge resistance but if my gut is right, the bears will push through and we will see a nice buying opportunity. Thoughts?
As the downtrend continues, the 50, 100 and 200 are starting to converge on the 4h chart. We are going to see some huge resistance but if my gut is right, the bears will push through and we will see a nice buying opportunity. Thoughts?