This chart doesnt need anything fancy. I think this shooting star on the weekly is pretty clear.
It definitely could spring back up to the previous high made by this monster weekly candle. I suppose it could continue up. This is trading, after all. However, there shall be no denial of this extremely bearish weekly candle from any parties; I shall hear none of it. It is not an opinion if the candle is bearish. Is everyone going to go against the very clear sign? If the price moves up, okay, it moves against a clearly bearish candle; it's a small loss, but if it goes down, are you all going to ask yourself why you didn't pull the trigger on the world's biggest shooting star?? I prefer taking the bad beat over missing the obvious.
Furthermore, friends, open up your weekly gold candles. There has been ONE single shooting star in history that the following week closed above, by 2 dollars, and was quickly turned down the following candle. Every single other one of them has been closed below the following week, forever. Are we now going to assume that this even bigger shooting star is, for some reason, not bearish? Once again, id rather take a bad beat then deny the obvious signs.
Targeting 2045 before the assessment.
It definitely could spring back up to the previous high made by this monster weekly candle. I suppose it could continue up. This is trading, after all. However, there shall be no denial of this extremely bearish weekly candle from any parties; I shall hear none of it. It is not an opinion if the candle is bearish. Is everyone going to go against the very clear sign? If the price moves up, okay, it moves against a clearly bearish candle; it's a small loss, but if it goes down, are you all going to ask yourself why you didn't pull the trigger on the world's biggest shooting star?? I prefer taking the bad beat over missing the obvious.
Furthermore, friends, open up your weekly gold candles. There has been ONE single shooting star in history that the following week closed above, by 2 dollars, and was quickly turned down the following candle. Every single other one of them has been closed below the following week, forever. Are we now going to assume that this even bigger shooting star is, for some reason, not bearish? Once again, id rather take a bad beat then deny the obvious signs.
Targeting 2045 before the assessment.