Now that I stole your attention - no, not yet. But hey, its just about to reach this cross resistance I discovered on the chart. I mean, that must probably mean something, right? Im carefully bullish. Trade on your own risk. good luck!
Trade active:
Still on track. Currently moving in closing pennant. Will close until mid september. Upwards and accelerating bull market from there. Before a retrace to 6.6-6.8k possible.
Trade active:
Trade closed manually:
Drop rebounced from lower resistance support at 6k as expected.
Seeing the low volume on the latest run to 7.4k and the high volume on the drop to 6k, I am now practically convinced that bear market will continue til 2019 and we will break lower support and go below 6k until 3-4k ultimately. Everybody brace for impact.
Seeing the low volume on the latest run to 7.4k and the high volume on the drop to 6k, I am now practically convinced that bear market will continue til 2019 and we will break lower support and go below 6k until 3-4k ultimately. Everybody brace for impact.
Comment:
We bounced off lower support at 6.1k nicely to 6.7k. Nevertheless bear market is not off the table yet. we need to cross 7k first. Wld go long only if we retrace to 6.5k and break upper resistance at 7k.