Description in the chart. The reason i'm bearish is shown in the sine indicator. But don't be biased, trade BREAKOUT.
*WARNING: trading is high risk. Always use a stop loss.*
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The 23th, is full moon by the way. The FM-NM period is bullish, so that confluences with the trend reversal. Current NM-FM period is bearish. - For our lunar traders :) -
that cocksu**** turned back north again. I didnot sleep the whole night and nothing happened. Nice charts by the way. Also think it is the high time to fall down at least to $330. But what if some cowboys decide to pump it back to $390 to make false penetration and make quick bucks on Stop losses? Do you think it is posssible? Some sudden pump within minutes (as they made it on january 20) some $20 bucks upwards? And then downwards like a rollercoaster which dont stop at the bottom....?
Fanatik_
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Thnx m8, a lot of ppl stayed up all night, i went to sleep because i saw the bounce was real.
Yeah that can happen. I fucking hope it does, would be an amazing place to enter a short.