The_ForexX_Mindset

2MO TF LONG UPPER SHADOW; POSSIBLE BLOOD BATH

Short
COINBASE:BTCUSD   Bitcoin
Red arrow show BEARS HAVE CONTROL but current candlestick reads SPINNING TOP WHITE (BULLISH) but it can reject. The LUS BEARISH candle reads BLOOD BATH but shows rejection.

We must be careful when trading in this 2MO TF.

But relax; we are still in a BULL MARKET. 2MO just proves we will have plenty of BULL and BEAR TRAPS with some scary dips.
Comment:
BULLS are about to take over this 2MO TF. Trend is now moving sideways, make the up curve. I’m now waiting for stock RSI to cross over for BULL MOMENTUM.
We were to have a BULL TRAP but rejected.
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