Concluded the bullish phase, the price is about to complete the cycle with a short phase.
A massive long phase that lasted most of the cycle.
1 year cycle? 16 year cycle? or 32? The cycle always ends short.
the bigger the cycle, the bigger they are the excursions
I expect a shorter phase really fast compared to the ascent.
Time is short and the value to reach is far.
To recover time, I expect spike excursions.
perhaps already with an opening gap-down
A massive long phase that lasted most of the cycle.
1 year cycle? 16 year cycle? or 32? The cycle always ends short.
the bigger the cycle, the bigger they are the excursions
I expect a shorter phase really fast compared to the ascent.
Time is short and the value to reach is far.
To recover time, I expect spike excursions.
perhaps already with an opening gap-down
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The price has taken up all the space available. The current level of closure in a few tens of minutes. subsequent recovery of its high target
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last support.
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It would seem that the price found proper support.
the breakdown of this important support, I would have forced myself to think that I had a wrong bullish vision, and I would consider the imminent drop.
So it does not seem to be and we have to wait again its top.
This fall in the 1.176 area forced me to recalibrate the chart, and the top expected, will be slightly higher but within 1.22.
1.176 zone, will be touch at least two time
the breakdown of this important support, I would have forced myself to think that I had a wrong bullish vision, and I would consider the imminent drop.
So it does not seem to be and we have to wait again its top.
This fall in the 1.176 area forced me to recalibrate the chart, and the top expected, will be slightly higher but within 1.22.
1.176 zone, will be touch at least two time
Trade closed: stop reached
