5 Days till Weekly close, it means go and/or stay long if the Heikin Ashi Candle stays white. If so then a Weekly EMA Golden Cross confirmation is very likely within one week or two.
The monthly supports a long idea with many technicals and beyond. Private Published Chart:
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The EMAs are much smoother with more Data, yet the Golden Cross works with less too. Private Published Chart:
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Lower timeframes for more insight: 4h Chart 4h Snapshot
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Daily snapshot - left normal Candles | right Heikin Ashi Bullish: above green EMA support and above EMA 300 Bearish: MACD and RSI, Red Daily Heikin Ashi
4h snapshot Bullish: above EMA 50 & 100, Heikin Ashi Bearish: below red EMA resistance, Adam & Eve pattern, RSI
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Potential Chart Pattern Weekly Bullish: RSI , MACD , Heikin Ashi, Trendline Support and Resistance break Potential Bullish: unconfirmed EMA Golden Cross Bearish: Below strong Resistance level Potential Bearish: unconfirmed MACD Histo
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3 days till Weekly close With a rating example for trade decision making:
Weekly snapshot: Weekly Long when (max:7): 4pts RSI out of Red _x MACD Histo rising _/ MACD Torys Trendzone red _x Heikin Ashi confirmed _x support price level _ EMA support _/ No EMA Resistance _
Daily snapshot: Daily Long when (max:7): 2pts RSI out of Red _ MACD Histo rising _ MACD Torys Trendzone red _ Heikin Ashi confirmed _ support price level _x EMA support _x No EMA Resistance _
4h snapshot 4h Long when (max:7): 2.5pts RSI out of Red _ MACD Histo rising _x MACD Torys Trendzone red _ Heikin Ashi confirmed _ support price level _x EMA support _/ No EMA Resistance _
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2 days till Weekly close
Daily snapshot: Daily Long when (max:7): 2.5 RSI out of Red _/ MACD Histo rising _ MACD Torys Trendzone red _ Heikin Ashi confirmed _ support price level _x EMA support _x No EMA Resistance _
4h snapshot: 4h Long when (max:7): 2.5 RSI out of Red _/ MACD Histo rising _ MACD Torys Trendzone red _/ Heikin Ashi confirmed _ support price level _x EMA support _/ No EMA Resistance _
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1 day till Weekly close
Daily snapshot: Daily Long when (max:7): 2.5pts RSI out of Red _/ MACD Histo rising _ MACD Torys Trendzone red _ Heikin Ashi confirmed _ support price level _x EMA support _x No EMA Resistance _
4h snapshot: 4h Long when (max:7): 4pts RSI out of Red _x MACD Histo rising _x MACD Torys Trendzone red _/ Heikin Ashi confirmed _ support price level _x EMA support _/ No EMA Resistance _
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Weekly closed: Weekly Long when (max:7): 4.5pts RSI out of Red _x MACD Histo rising _ MACD Torys Trendzone red _x Heikin Ashi confirmed _x support price level _x EMA support _/ No EMA Resistance _
Daily snapshot: Daily Long when (max:7): 2pts RSI out of Red _ MACD Histo rising _ MACD Torys Trendzone red _ Heikin Ashi confirmed _ support price level _x EMA support _x No EMA Resistance _
4h snapshot: 4h Long when (max:7): 4.5pts RSI out of Red _/ MACD Histo rising _x MACD Torys Trendzone red _x Heikin Ashi confirmed _x support price level _/ EMA support _/ No EMA Resistance _
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6 days till next Weekly close Daily snapshot: Daily Long when (max:7): 3pts
4h snapshot: 4h Long when (max:7): 3pts
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5 days till next Weekly close *added Higher Low and Higher High to the rating. Maximum points is 9 Daily snapshot(3 pts): 4h snapshot (3 pts):
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4 days till next Weekly close Max. 9 pts Daily snap 5 pts: 4h snap 6 pts with a potential bearish flag:
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3 days till next Weekly close Daily snap 5.5 of 9 pts: 4h snap 6 of 9pts:
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2 days till next Weekly close Daily snap 1.5 of 9 pts: 4h snap 4 of 9pts:
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1 day till next Weekly close Support retest of 19k price range seems likely if rejected from the EMA resistance. If so then the Weekly golden cross will not confirm. Daily snap 1.5 of 9 pts: 4h snap 4.5 of 9 pts: Flag pattern (chart):
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2nd Weekly close It's all about the next higher low on the weekly, the daily and 4h timeframes help to identify when price forms itself. Weekly snap 5.5 of 9: Daily snap 2.5 of 9: 4h snap 6.5 of 9:
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6 days till 3rd next Weekly close All EMAs act as much as support as resistance, like a magnet that either pushes or pulls the price. Once Markprice and EMA price have met again, the polarity of the magnet often changes. To spot a change in trend, a reversal in a market, it's important to keep all timeframes in correlation. Higher timeframes usually have a higher magnetism and are in calculation to have a time confirmation.
Daily snap 3 of 9: The small EMAs on the daily changed to red, it's a bearish signal. But it helps us to spot and confirm a potential low. Before we can spot it on the daily, it's idealy already confirmed on the 4h timeframe. 4h snap 4.5 of 9:
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It did test the 19k price and got a strong support move back into the long term resistance trendline.