This is a quite dubious analysis. There are no needs to rush into any trades. It is interesting to witness TWTs contrarian price activity. Using structure analysis there is a possiblity that it can reach $15 in January before losing its gains. We will keep an eye on this asset during further consolidation.
Comment:
Next week is the consolidation phase to watch in our opinion. No financial advice.
Comment:
We remain cautious on this price action, no safe structures that signal another move up, we keep watching.
Comment:
We are glad we stayed cautious and did not enter a position. It seems the bullish structure has been broken. We will abandon this idea for the time being.