Dealing with mid line ...
Alright, rsi backed to the channel, ma 50 is trying to support the price, ma 200 is coming, rsi supported in 4H, and also we have a support line too.
We saw that 10500 touched and rejected us to the 11k, it confirmed as bottom, Congrats.
So there is some ideas here, cross under of ma's or support of rsi and line?
If you see a cross under of ma 50 and 200, it means markets wants another down trend.
Other side is up trend ... and there is no need to explanation.
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe and GOOD LUCK(ALWAYS WEAR A FACE MASK!).
We saw that 10500 touched and rejected us to the 11k, it confirmed as bottom, Congrats.
So there is some ideas here, cross under of ma's or support of rsi and line?
If you see a cross under of ma 50 and 200, it means markets wants another down trend.
Other side is up trend ... and there is no need to explanation.
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe and GOOD LUCK(ALWAYS WEAR A FACE MASK!).
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