Disclaimer: I am not a professional trader and I don't know what I am doing, my opinions are probably wrong and I myself don't bet on my predictions!
Since my last prediction turned out right I'll give it another shot
While most charts out there expect the last disastrous leg down, I just wanted to add a read of why we *might* not be in for another correction yet.
As you can see, the raise seems very similar to the previous pattern (even the retracing has a similar %)
On the other side, I see low volumes, which might be an indicator of more downtrends to come. We shall wait and see, but I think not all hope is lost at this stage, I'll set a stop loss at ~3300
Since my last prediction turned out right I'll give it another shot
While most charts out there expect the last disastrous leg down, I just wanted to add a read of why we *might* not be in for another correction yet.
As you can see, the raise seems very similar to the previous pattern (even the retracing has a similar %)
On the other side, I see low volumes, which might be an indicator of more downtrends to come. We shall wait and see, but I think not all hope is lost at this stage, I'll set a stop loss at ~3300