we have completed MM, however there is more room to top. protect profits up here and we can look for more buys with pull backs.
Comment:
New highs are taking longer and flatter to get there and the bear strength on the way down is increasingly strong.. will we retest 65k area or bears get a leg down without a new high first??
Comment:
We are now in this downtrend. It is NEVER a good idea to pick the bottom or catch the knife - however, if you are ok with a loss and willing to trade small, may be a place to get a bounce here.. (not a trade call or recommendation, for information purposes only ;) )
