Traders sometime forget to have a great helicopter view of the asset they're trading. In most of the case, trend is always switching step by step. "V" reversal are quite scarce, or if it is, it's generally on a short(er) time frame.
* Arrows are trend indicators with color codes.
* I also gave 3 scenarios possible from "best" to "worst" cases. Market is currently volatile and will give the answer in a couple of weeks. Keep an eye on this chart (make it yours) !
Comments
B33tcoin
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This one was a spot-on.
When it comes to high level, it generally gives good result.
When it comes to high level, it generally gives good result.