most of the time, markets dont act like you expect them to do, which gives you a hint, what you should do: expect the unexpected.
looking at the bigger picture, we can see, little by little, less interest in buyers and more and more sellers step in.
as other traders are trying to influence the market with their opinions and "views" by creating another hype for a relief ralley, we should focus on what the chart tells us in the bigger picture: it is going down. and the circumstances convinces me, that we are going down much further.
can I be wrong? of course!
so what should we do, if do not know anything in the end? well, at least we should make our own opinions, make an decision on those opinions and live with the result, even if its wrong. if you only invest what you are willing to loose, you will be profitable in the long run. you will get better in making your decisions and you will be able to increase your moves by doing so.
do your own research and make your own opinions. no financial advice
looking at the bigger picture, we can see, little by little, less interest in buyers and more and more sellers step in.
as other traders are trying to influence the market with their opinions and "views" by creating another hype for a relief ralley, we should focus on what the chart tells us in the bigger picture: it is going down. and the circumstances convinces me, that we are going down much further.
can I be wrong? of course!
so what should we do, if do not know anything in the end? well, at least we should make our own opinions, make an decision on those opinions and live with the result, even if its wrong. if you only invest what you are willing to loose, you will be profitable in the long run. you will get better in making your decisions and you will be able to increase your moves by doing so.
do your own research and make your own opinions. no financial advice
Comment:
we are almost there, maybe a small upside before targeting lower lows. dont fall into the bull trap, instead catch another shorting opportunity maybe somewhere around 20.6-20.9