i was just looking through some of the communities posts, and i came across a post from @samitrading
you can view it here 👇
i've modified it ever so slightly ~
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i think this is a very compelling case for a prolonged corrective phase, and it would honestly make so much sense from a psychological perspective.
the final bull trap before the final flush, before we can begin the next parabola to the upside.
market makers never make it easy, so we have to expect the unexpected and be ready for anything that may come our way.
4482 is an important algo target, a rejection from here would send it spiraling down back into bears paradise :^)
4210 algo target is still key in my eyes, and until we make it down there i have to be slightly cautious.
ps. full credit to sami on this idea!
you can view it here 👇
i've modified it ever so slightly ~
----------------
i think this is a very compelling case for a prolonged corrective phase, and it would honestly make so much sense from a psychological perspective.
the final bull trap before the final flush, before we can begin the next parabola to the upside.
market makers never make it easy, so we have to expect the unexpected and be ready for anything that may come our way.
4482 is an important algo target, a rejection from here would send it spiraling down back into bears paradise :^)
4210 algo target is still key in my eyes, and until we make it down there i have to be slightly cautious.
ps. full credit to sami on this idea!