With $5800 - $5700 holding up solid we need to be more considerate now of a straight move to the downside. So far everything covered in the tweet above has unfolded perfectly, but we cannot rule out a manipulative push higher just yet.
I’m not jumping into a short by any means just yet, this downside correction could retest all the way down towards $6,200 once again & still rocket to $6200 - $6800 before slamming into the $3400 zone.
We’ve profited from the first move, now let’s see what this pair does as we could potentially capitalise off the entire move all over again at a better price.
I’m not jumping into a short by any means just yet, this downside correction could retest all the way down towards $6,200 once again & still rocket to $6200 - $6800 before slamming into the $3400 zone.
We’ve profited from the first move, now let’s see what this pair does as we could potentially capitalise off the entire move all over again at a better price.