Not out of the Forest yet imo..
This runup i.m.h.o. has happened way too quickly.
Over 85% in just over a week.. no major corrections.
Watching the price action lately i am not entirely convinced this is natural...
This run up completed the Head on a large H&S and has formed a Bearish Gartley, leadingme to believe that we will not push through this upper trend line, but will begin to drop back down to high 8000s
Its also the end of an E5 wave
This runup i.m.h.o. has happened way too quickly.
Over 85% in just over a week.. no major corrections.
Watching the price action lately i am not entirely convinced this is natural...
This run up completed the Head on a large H&S and has formed a Bearish Gartley, leadingme to believe that we will not push through this upper trend line, but will begin to drop back down to high 8000s
Its also the end of an E5 wave