Hello, is the gold trapping bulls en masse? I noticed gold didnt consolidate below the trendline before breaking out, it sort of came from the upper middle and broke all the way up. This gives potential to fall back into the channel if it wants to retest the little consolidation area where it broke out from. This detail could catch bulls off guard, and stuff...
Breaking to new ATH and then retracing back below is a bearish signal imo , but lets see.
Bitcoin possible wyckoff accumulation
a little channel that possibly is continuation. depends if it can close inside today i guess. lets see.
A little channel on the daily, could be a continuation channel. Also notice that the overall momentum is starting to go sideways rather than down. Ripe for reversal of some sort? Lets see.
im literally just drawing what comes to mind. wether or not it plays out time will tell.
just a bearish bitcoin idea. the long term momentum is kind of flattening out and the setup is pretty good for a pitchfork as far as i can tell, but lets see what happens.
just drawing what comes to mind and sharing. i am sorry if you dont like it.
palladium possible bottom? it had a great run and now its correcting. maybe its found a bottom and gonna go up a bit. Who knows.