FINALLY STRONG SUPPORT BROKEN AND THE BEAR WANNA GET TO 1.3645🐻
Why the price is falling? Please refer to my previous posts. The bearish trend has begun since 24th Feb after bullish 9waves formed.
My counting has been right since then.
I think that the bearish 9 waves(pink) would come because
1. Explosion has happened.
2. We didn't see any extensions in Daily 1st and 3rd waves.
We are on the Daily 5th wave, which would make extended 9waves.
This is how I'd say the bearish trend would last for a while.
SO WHERE TO SELL?
It's important to be patient to wait for some points to sell.
In the bearish trend, normally BUY is not a good idea.
Don't surf against the waves!
GOOD SELL POINTS
Once 7 (pink) hits, just draw Fib between 6(pink) and 7(pink),
and gaze at Fib 38.2 and 61.8, then find more good reasons to sell.
the Pink resistance line would be one of good reasons.
SO FALLING TO WHERE?
🎯 TARGET🎯
Fib38.2(1.2674-1.4242) is around 1.3645.
Seems like the price wanna get to 1.3645.
PLEASE DO NOT FORGET TO LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
My counting has been right since then.
I think that the bearish 9 waves(pink) would come because
1. Explosion has happened.
2. We didn't see any extensions in Daily 1st and 3rd waves.
We are on the Daily 5th wave, which would make extended 9waves.
This is how I'd say the bearish trend would last for a while.
SO WHERE TO SELL?
It's important to be patient to wait for some points to sell.
In the bearish trend, normally BUY is not a good idea.
Don't surf against the waves!
GOOD SELL POINTS
Once 7 (pink) hits, just draw Fib between 6(pink) and 7(pink),
and gaze at Fib 38.2 and 61.8, then find more good reasons to sell.
the Pink resistance line would be one of good reasons.
SO FALLING TO WHERE?
🎯 TARGET🎯
Fib38.2(1.2674-1.4242) is around 1.3645.
Seems like the price wanna get to 1.3645.
PLEASE DO NOT FORGET TO LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
