Too much speculative capital pushing the price back and forth.
At this point of time I'd wait for the price to stabilize at decent range first.
I will look for the decline in volatility into triangular pattern formation.
It's important for the market to shake off short-term bears to clarify the level at which long-term bulls are willing to hold the price before making the next long-entry.
At this point of time I'd wait for the price to stabilize at decent range first.
I will look for the decline in volatility into triangular pattern formation.
It's important for the market to shake off short-term bears to clarify the level at which long-term bulls are willing to hold the price before making the next long-entry.