Here is a humble little chart of mine. I would certainly love any feedback you can give.
As you notice we have been in a large wedge. I believe we fell down into it from Dec. Whether or not this is a 5 count down, or possibly an ABCDE correction.. doesn't matter. We just took a run at the wedge line and were stopped when most people were bullish thinking 10K, 12k, 14k.. none of that happened.
The point is.. I think we have to fall back down to about $7000 to $7200 to finally break forward with enough bulls to push us on a real bull run. As you can see as well, this may also present as a H&S.
As you notice we have been in a large wedge. I believe we fell down into it from Dec. Whether or not this is a 5 count down, or possibly an ABCDE correction.. doesn't matter. We just took a run at the wedge line and were stopped when most people were bullish thinking 10K, 12k, 14k.. none of that happened.
The point is.. I think we have to fall back down to about $7000 to $7200 to finally break forward with enough bulls to push us on a real bull run. As you can see as well, this may also present as a H&S.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.