This one is a bit speculative since we are predicting the second move before the first one even happens.
However, its good to be ready in advance so you do not panic afterward.
Longer-term investing wise can be a nice entry point since you are buying the dip.
Trading wise it will probably be a good opportunity for the ones that missed the bottom and the higher low.
PS: It is not investing advice. It's just an idea. ;-)
However, its good to be ready in advance so you do not panic afterward.
Longer-term investing wise can be a nice entry point since you are buying the dip.
Trading wise it will probably be a good opportunity for the ones that missed the bottom and the higher low.
PS: It is not investing advice. It's just an idea. ;-)
Comment:
Inverse H&S still in play, though a bit delayed since we made bullish 12345 Elliot waves. Now expecting ABC correction. Most probably 10k level will be tested again and we will successfully bounce back.
Comment:
It's smart to admit the mistake and learn from it!
Here is the strong reason that I missed and shows why the inverted H&S pattern did not work out:
Here is the strong reason that I missed and shows why the inverted H&S pattern did not work out:
