A trader breaks down a 28-week chart showing a complete market cycle: price consolidated between flat moving averages, then the 10-period MA crossed below the 20-, 30-, and 40-period MAs, creating lower highs and lower lows that confirm a bearish trend.
You want to screenshot this chart right here. You want to see the full stage analysis. 28 weeks of just chopping up and down in between the moving averages. You can see the moving averages are completely flattened now. Price is oscillating in between it. See how tight the moving averages get here and they start forming that bearish alignment. 10 is now below the 20, is now below the 30, now below the 40. Price is below all the moving averages and now we're building lower highs, lower lows, lower highs, lower lows. And that is the full cycle right here.
