Mex Shorts rekt? | Artificial move | More liquidity on downside
Good morning TView,
Hope y'all liked my analysis. As you can tell that I still believe we're going to ultimately move down but the 5 wave structure may play out with a max target at $7000 as I've mentioned before. We have to see if our resistance turned supports will hold though. Given the nature of that artificially created move yesterday, I'd wait to see price create a higher low before even trusting a trade. Let's see what happens.
Cheers!
Hope y'all liked my analysis. As you can tell that I still believe we're going to ultimately move down but the 5 wave structure may play out with a max target at $7000 as I've mentioned before. We have to see if our resistance turned supports will hold though. Given the nature of that artificially created move yesterday, I'd wait to see price create a higher low before even trusting a trade. Let's see what happens.
Cheers!
Comment:
Proshares ETF denied, wreckage continues: www.sec.gov/rules/sr...ca/2018/34-83912.pdf
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