The left move is starting from demand, sees 3 compression moves and supply eaten - price moves up. Mind the curve. Price gets rejected and moves into a bearish channel. Channel is broken on demand and we see a similar move that ends in a rejection, price moves accordingly (this would have possibly been short), then moves up and gets demanded again(perfect short)....
Based on the weekly close on the 0.5 fib above 9.4k, I'd say we are good on the monthly, MACD is picking up, the volume is as well. Next weeks should complete a big fucking bullish candle, but as long as we stay above this pivot, fun times ahead (or short and fun on bad times).
If we close the monthly bullish, testing 11k, but should pass to 13.5-14k and finally...
Based on green weekly en daily, by Force Index and price history, I decided to take this trade with minimum investment for educational purposes only.
I am looking for roughly 3:1 R:R trades.