As we see a third rejection on the trendline , We shall see a retracement to 38.1k . Situation kinda tricky right now and market making parabolic moves left and right so From a trader who got liquidated a lot before , Try surviving this , Taking losses is a part of the trading life but managing risks and de-leveraging when time comes is what makes traders profitable after all :D. Happy Trading :D
Comment:
Bounced from The Year Mid and made a breakthrough, pretty much invalidating my previous theory. I am not comfortable being a bull in this war days but will try scalping longs on drawbacks / re-tests. Happy Trading :D
Comment:
Still waiting for the daily Close Over the Trendline other than that I am still Bearish ! :)