If you guys follow me on twitter (@craigchrist_) youll know im bearish.
Been bearish.
This was a chart I posted some time last week on twitter but not on here and figured I might as well shoot for the clout while im here. I dont USUALLY use fibs, but this one seems to fit my bias. The 0.618 matches up with the bottom of the horizontal range and.. yeah. Looks good.
Came EXTREMELY close to my stop. Im watching for closes under those horizontal levels I drew out to maybe add onto my short positions. Aiming for targets at the lower fib levels, and maybe even to $2000 USD if im being a super bear.
Wish me luck friends <3
Been bearish.
This was a chart I posted some time last week on twitter but not on here and figured I might as well shoot for the clout while im here. I dont USUALLY use fibs, but this one seems to fit my bias. The 0.618 matches up with the bottom of the horizontal range and.. yeah. Looks good.
Came EXTREMELY close to my stop. Im watching for closes under those horizontal levels I drew out to maybe add onto my short positions. Aiming for targets at the lower fib levels, and maybe even to $2000 USD if im being a super bear.
Wish me luck friends <3
Heres an updated idea however, because I am still bearish for now. I personally believe we are still near a top before a new leg down. If this one fails Im going to rethink some things, like the idea of some triple top formation or maybe even just having the shortest bear market in history until 2021 where maybe we see some real bearish action again. (after the olympics maybe sounds right).
Theres also the possibility that this entered back into our normal trading range i had set up before this and that this was just some extreme deviation. Who knows.
Round 2 attempt lets go.