So wrong or just too early.

Mid way we were moving following our analysis and the bulls just gained energy but that's okay. I did have quite a bad week so it would have affected my thoughts.

Currently 39450, were we anticipated the major drop is where we can adjust and rework our analysis from 1W down to 15min.

Weekly we have a strong bearish candle, which looks to be engulfing the previous week. It's cause of sign because it is happening at the top of the trend.
Daily we had an evening star, that further adds to our analysis and believe of the bears.
4H we had a double top, indicating the fall (39900 being the ceiling). If we get a neckline (39300) break then we off to the races.
1H we'll wait for 39260.

Trade Idea: Wait
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.