and if you don't know, you will soon.
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here's my completed primary wave count of the entire drop from 68k
i believe we're playing out an ending diagonal for the final wave C of the larger wave (4) of a higher degree.
this final move down sets us up for a massive move up in the year ahead.
looking for 28~29k as a downside target before a move up that takes us closer to 150~200k.
✌
---
here's my completed primary wave count of the entire drop from 68k
i believe we're playing out an ending diagonal for the final wave C of the larger wave (4) of a higher degree.
this final move down sets us up for a massive move up in the year ahead.
looking for 28~29k as a downside target before a move up that takes us closer to 150~200k.
✌
Trade active:
sold all my longer term holds here.
starting to phase into a short slowly 💸
see you all on the other side ♥
starting to phase into a short slowly 💸
see you all on the other side ♥
Comment:
i'd like to just say, it's looking more and more like the bottom is in.
while this could be an epic bull trap, i gotta entertain the idea.
might post my bullish take later - gonna give it 48 more hours.
while this could be an epic bull trap, i gotta entertain the idea.
might post my bullish take later - gonna give it 48 more hours.
Comment:
my only problem with this move (from a bullish perspective),
we have decreasing volume.
if it was a bullish move, volume would be increasing.
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one more piece of data, have this one indicator that is picking up on distribution - the last time this happened was on december 25th
we have decreasing volume.
if it was a bullish move, volume would be increasing.
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one more piece of data, have this one indicator that is picking up on distribution - the last time this happened was on december 25th
Comment:
currently at the top of a baby bear channel + gz
Comment:
added to short here
this is my level of invalidation.