Elevator up, explosive drop.
- Light volume on the way up. Chances are that major institutional investors are not participating. Just some hedge funds jamming the prices up (light volume used to move the price up higher then needed to come down)
- Retail is acting very euphoric. Check any major forum and you'll see "only going up", "woo", "papa powell", "this time is different"
- Enough global tension can push this market down very quickly
- Light volume on the way up. Chances are that major institutional investors are not participating. Just some hedge funds jamming the prices up (light volume used to move the price up higher then needed to come down)
- Retail is acting very euphoric. Check any major forum and you'll see "only going up", "woo", "papa powell", "this time is different"
- Enough global tension can push this market down very quickly
Trade closed: stop reached:
Objective not met. Am reconsidering life decisions