Many traders feel the pressure and pain of the market uncertainty. It's basically what the market want's you to feel.
We have many indicators pointing different ways. Giant bear flag, must go down! Same time Bullish MA, ichimoku is bullish, and everybody might have forgotten we are in a bull market. What better way to make traders sure of a bearish trend than printing a huge bear flag after a massive 50% drop. It would be madness to contest with this bias.
I am mad, and I hope you are too :D
We are bullish, believe it or not. Road-map is posted above, and we need to stay vigilant and safe!
-B
Trade active
⋅
Comment
⋅
We should be in a lookout for a possible flash V drop, I just have a feeling this could be in store, have no real signals for it, other than it makes sense. So a SL could be in place.
Comment
⋅
Target for the drop could be @6500 and before the 4h candle would close it would be back up...
Trade active
⋅
Ok I think we are safe from a drop now...
Trade active
⋅
Indeed we are, We are on target!
Trade active
⋅
You got to love the way the market algo's run the show, I had the feeling, should not have let it go :). Well we keep learning don't we! Still we are looking good in terms of trend intact just timeline got pushed back 2-3 days. Should see this drop correcting back up today.