My bet is a quick dump to 7.7ish to shake out the longs, then a pump to shake out the shorts. Same pattern happened twice now on the hourly. Not sure if I'll enter trades off this projection though. Will watch to see how this plays out, could absolutely dump hard to 6k before seein a massive rally.
Currently in descending triangle? hmmm.
Currently in descending triangle? hmmm.
Trade closed: target reached:
Perfect.
Trade active:
Shorting,8256 to ...8083? Tight stops.