Been awhile, hope you made money off my counter trade advice.
HOWEVER! No need to counter trade me this time. Look at the history of the Stochastic RSI weekly..
It hasn't been this high since... The literal top...
If you are long here, you are jumping the gun. Now I am getting bullish.
When this weekly stoch go oversold, that's me going long.
Almost about...
How can you be bullish on this still?! (short term, duh..)
Seriously, we have just entered into lowest fib level, we gun retest that bottom, I bet my left nut... The RSI is just itching to go heavily oversold!
YOU REALLY THINK THAT BOTTOM WILL HOLD!? I don't think so..
We honestly need a very sharp sudden drop to 2500 followed by a huge sharp green candle back to...
HEY GUYS,
So for those who listened to me and counter traded me, well done. Although not much has happened to be honest..
SO Bart didn't rock up with his wonky head, no matter. We'll zoom out and just go with something a little more traditional.
BEAR PENNANT!
Literally all there is to it: Volume declining, bear pennant formation, RSI moving towards historic...
So this is the best possible time to counter trade me, throw those longs down because you will not believe what has happened to Barts face.
The right side of his head will now feature some serious sideways action. Taking a look at recent times the RSI has dropped this low, it didnt do it just once, but three times in a row.
Will that happen again? psshhhhh of...
