All predictions are just guesses as you know. Frequently wrong I might add. But I personally like to anticipate but usually wait for a "sign" in price action to act. (ie candlestick
pattern, trend line break
, etc). We have a long term positive reversal in the RSI
to new low but not the price) combined with a shorter term rsi bullish divergence
(price lower but not the rsi
) This combination often leads to a new high or a significant retraction. We'll see.
Have a great rest of the week.