Hello friends!
Let's start to consider the current situation.
The day before yesterday, our stop at no loss worked, we opened it at $4200 and closed at the same level, it's a shame, but that's okay, considering that such a strong impulse happened yesterday.
What has changed since yesterday's growth? NOTHING! I would even say the opposite, that everything has worsened and it has become more and more obvious.
We now have two scenarios, the first more bloody with a fall to $1800-2000. It will be activated at the close of the week and in the case of pinbar formation.
The second scenario will be activated if the weekly candle does not close with a large shadow and then we will only have a correction to the level of $3600.
In any cases, DO NOT FOMO, such manipulations have already been a dozen times since the beginning of 2018.
I called this idea like this because I see that euphoria has begun, and this is the most dangerous situation! "Buy when there is a blood on the streets and sell when the euphoria"!
We will open a short this week, but today it is early and dangerous to do it! Most likely there will be a pump to the level of $5600-5800, and then the manipulators will take profits and the weekly candlestick will close with a big shadow, so for now the level for the shorts is $5600-5800!
I will keep you updated!
Let's start to consider the current situation.
The day before yesterday, our stop at no loss worked, we opened it at $4200 and closed at the same level, it's a shame, but that's okay, considering that such a strong impulse happened yesterday.
What has changed since yesterday's growth? NOTHING! I would even say the opposite, that everything has worsened and it has become more and more obvious.
We now have two scenarios, the first more bloody with a fall to $1800-2000. It will be activated at the close of the week and in the case of pinbar formation.
The second scenario will be activated if the weekly candle does not close with a large shadow and then we will only have a correction to the level of $3600.
In any cases, DO NOT FOMO, such manipulations have already been a dozen times since the beginning of 2018.
I called this idea like this because I see that euphoria has begun, and this is the most dangerous situation! "Buy when there is a blood on the streets and sell when the euphoria"!
We will open a short this week, but today it is early and dangerous to do it! Most likely there will be a pump to the level of $5600-5800, and then the manipulators will take profits and the weekly candlestick will close with a big shadow, so for now the level for the shorts is $5600-5800!
I will keep you updated!
Comment:
Great opportunity for shorts. We expect the week to close, if MA200 buyers do not breakout, we will open a short.
Comment:
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