Not much needs to be said about this setup aside from the fact that price has currently pulled back into a previous level of structure offering an excellent opportunity to reload your longs. Sometimes simple is better
great vision. i love the setup and positiveness but when i look at how market takes on the pattern, along with other indicators, it seems appear to me that Wall-Street is prepared for it and very likely take it the hard way. That also means a few more the dip buyer should be burnt a bit harder and left out.
In other words, i expect the cheers of catching bottom would be soon played-out and the market enters another sell off to lower suport. This play shouldnt be strange as the dovish setup of Tech as well as Tweet publishing remains questionable month after month of reaching records.
The question at the moment is not "What is the right entry for my long" , but rather " to what point we stop thinking of long". That's how the wall street take on the easy squeeze bottom and cheap entry available.
Appreciate all your works. you guys make our community stronger and better. Let's make great deal of money. cheers, crack on !
Akil_Stokes
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@Anaphie, Thank you and thanks you so much for sharing such a great view on the setup
In other words, i expect the cheers of catching bottom would be soon played-out and the market enters another sell off to lower suport. This play shouldnt be strange as the dovish setup of Tech as well as Tweet publishing remains questionable month after month of reaching records.
The question at the moment is not "What is the right entry for my long" , but rather " to what point we stop thinking of long". That's how the wall street take on the easy squeeze bottom and cheap entry available.
Appreciate all your works. you guys make our community stronger and better. Let's make great deal of money. cheers, crack on !