It’s an impulsive mov and a flat correction this is setting up to be a buy
MysteriousPersian
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@osmorin, this is anything but flat. Still treending down massively
MysteriousPersian
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@osmorin, you were right on this one. even though long term outlook is still bearish and this is almost surely a bull trap, nice call.
EminiOs
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@TristanKhanizadeh, I think now we have a flat... 3-3-5 structure as it was not able to get to the 1.61 fib level so if you wanna take a shot on short side here you go... i sold and will acummulate more over 9.00$ or when it comes back to 6.50-7.00-7.50 start nibbling small LEAP CALL OPTIONS..if it hits 5.50-5.80 buy as hell! long-term it will go higher now is the time to wait and see