@draliparsaa, we have come off an multiple ATHs, we should continue to see a downtrend in the short term before continuation of the long term uptrend.
Governments around the world - especially the USA - are launching gigantic fiscal stimulus packages to reboot their economies ( that the gov.s closed down in 2020).
Coupled with central banks monetary support (QE/money printing), I suspect further strong upside growth in asset prices over the coming months.
davidbarratt
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H&S most unreliable retail structure... Good luck 😝
tonygun72
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I was looking at this idea last week. I think the popularity of this move makes it unlikely, which seems like a strange statement but the powers that be, the movers and shakers of this market like to shock the market.
Tez8
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@tonygun72, agreed, there are always big players in the market and it is in their interest to prevent trends occurring.
However, I still maintain the bearish outlook for the short term with a price touching the long run support - of 40 +/-2k - before reverting back into a bull run.