Hi Guys. Here's what always gets me - in the above example there is an SMA crossover, meaning it's a bearish signal and ostensibly a signal to go short.
However, we see an identical scenario having formed earlier that just ended up being a temporary pullback.
Is there a way to tell with better than 50/50 probability what's going to happen next, using all available data/methods?
All I can think of right now is to wait for the SMA 200 to go down, however it went down also in the first example.
thanks in advance