Don't be misled by a false bullish impetus!

1 Mar 2022

"Price action" overnight on Friday now leads to the familiar scheme of the correction channel upper border false break. We've got again a certain misleading transformation from the broadening wedge to the channel. However, your vision, we hope, still remains bearish since the impetus has been made in price weakness. Either 47K or 48K - irrelevant, these are to be your triggers for a fresh short position.

Yours,
ICBF Swinger Dagmar