Not investment advice here and as I told one trader last night in chat that "I'm only right MOST of the time" lol . . kidding aside, we've had a smashing run up the leg here on what I'm seeing as a bearish Gartley. At the very least, we should get some kind of retrace to the major EMA's 50/200, etc . . I've got a DCA short position here and may add more regardless of upside fakery. Good luck!
Trade active:
I took a small scalp on this, re-entered short as it was popping and capitulated, no position atm. Looks like the new EIP effect kicked in or they propped it up for something deeper on tap. Dunno, I have no current (non investment advice guidance) lol
Trade closed: stop reached:
Holy CRAP did I not realize the London fork impact. Closing THIS terrible idea . . even though what goes up, has to come down . . a little. I'm also revising my "I'm only mostly right" status to "I'm usually right but at the wrong time lol . . or whatever" . . Geez