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I think the current strongest support is actually the 200 MA on...

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    I think the current strongest support is actually the 200 MA on the 15min chart. Most people value the hourly so when zooming down by a factor of 4 naturally the 15min is a key time frame, and the 200 is a major S&R level.

    Also I am now very keen to watch my MA setup on the 5min. Yes 5min is too small and doesn't carry much weight, however it is potentially setting up for the strongest bull signal I have, albeit on a small TF. Looking for the blue e100 to be repulsed by the red e200 and the green w5 to cross back north of them all and bounce. This should give us a good push into the mid to high 50s

    https://hotcopper.com.au/data/attachments/3214/3214933-6dfc31b991c2662b6859c6bd8e9600b5.jpg
    Last edited by Zior: 27/05/21
 
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