Unless the bulls take down the highs, they can't be safe
Possible irregular flat correction in play. Remember that wave 2 can retrace almost whole wave 1.
Invalidation of bearish scenario likely once high is breached.
Do not trust weekend pumps. On 3D you can still form higher low if you look at price action.
We wont be blindly shorting this or playing, but if market fails to break the highs you can be more confident in this scenario.
There's a chance for irregular flat on broader scope, but that's for another time.
Odds for bulls obviously here.
Invalidation of bearish scenario likely once high is breached.
Do not trust weekend pumps. On 3D you can still form higher low if you look at price action.
We wont be blindly shorting this or playing, but if market fails to break the highs you can be more confident in this scenario.
There's a chance for irregular flat on broader scope, but that's for another time.
Odds for bulls obviously here.
Comment:
And broder scope irregular flat. As always we recommend playing with trend and for next few days we're bullish.
Comment:
Other than these 2 ideas, there's no more hopium for bears here.