Once this trend line is broken we will see some likely see some panic wicks down to 38-40k. What are your thoughts? Hopefully Bull market will resume, interestingly enough it's very closely tied to equity markets and I don't think anyone wants to see things actually "crash".
Comment:
Bounced off of key parabola line nicely. Looks like it could lead into a weekend bounce. I'm not trading any side with conviction, rather leverage scalping for 5% moves with pretty decent success. During times of doubt, I have success simply lowering my risk/reward threshold a little bit below the average. This actually applies to most trading actually. As long as you are slightly less greedy than the average, you will likely succeed.
