I've mapped out some bullish scenarios that a BULL would want to play out from here.
Key is to NOT lose the .5 fib. Really, 40k is a must hold IMO.
I am NOT bullish until a daily close above 44.5. Uber bullish close above 46k. Until then Stay Safe..
I am long term bull always and 4ever.
—————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind. 3. Let your winners run and cut your losers short. 4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win! 5. Before you enter a trade, know your target AND your exit strategy. 6. Never use just 1 indicator for confirmation. 7. Set Perimeters and remove emotions from the equation. (stop loss, take profit levels, etc) 8. Don't fight the trend. The trend is your friend. 9. Price Action greater than Indicators/Fractals/MAs 10. Horizontals greater than Diagonals
Please Note:
- This is not financial advice. - I do not take every trade I post. - Never trade off of someone else's chart until you DYOR!