Legend my friend. Absolutely right. We are not out of the woods just yet. I believe since the market is out of it's mind in general, we need another EUR20k 23K tap as a final confirmation that we are done with this correction. Otherwise, it could get ugly and go sub 20K in which case - long-term damage control, which benefits no one, not even the wealthy billionaires, for it is in their best interest to keep it sideways with a 20% weekly volatility range. Adjust and overcome. This is one ride people need to be prepared for. Safe trading.
Eloquent
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great work homie,
i'm eyeing 40.5k for a short myself
target = 35.5k
ergash1982
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@Eloquent, thanks, my previouse idea was to 40500 to 41000, you might be right could go up to there
Eloquent
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@ergashibragimov1982, i think we get there for sure
ergash1982
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@Eloquent, could happen if bulls protect the 39000 barrier, right now looks like they are trying to do that
Eloquent
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@ergashibragimov1982, i'll short it if we get there, till then i observe
ergash1982
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@Eloquent, great good luck :), i went short at 39850 and stop loss at 40100 just in case it breaks it and decides to go higher then ill go short again :P
Eloquent
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@ergashibragimov1982, i scalped a little 20x short when it poked the 0.50%; but i'm not very much convinced it wants to fall yet
despite it looking extraordinarily weak, deep down i feel like it's a trap lol
ergash1982
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@Eloquent, made a bull trap, but might make a bear trap also and then go up or it will fall further to test 36000 area, we will see what will happen
Eloquent
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@ergashibragimov1982, i jumped into a little long at 38k, stops right beneath
feel like this move down right now is a stoploss raid; could be wrong, but it kinda feels like it