(Now you see it)
Weekly Chart with 200 weekly moving average acting as support.
(Now you dont)
Daily Chart with 200 daily moving average not acting as support.
Weekly Chart with 200 weekly moving average acting as support.
(Now you dont)
Daily Chart with 200 daily moving average not acting as support.
Be sure to look at different time frames when tring to use the moving averages as support/resistance lines. What may not be clear in one time frame, may be crystal clear in a another time frame.
tb
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