A value between 35 to 65 is a no entry or exit point for traders who rely on RSI as primary indicator. Once you see price bucking the 200 EMA on the 15 minute chart, whereas it is on the opposite side on the 4 hour and jarkets hour charts, sit up and take note.
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The price is above the 200 EMA periods, then pulled up, creating a shoulder, then a lower low, creating the head of the formation, and then a higher low, creating the second shoulder.
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