we broke out of the second bear flag we were forming,
we need to put a new high high over $8968,
if we put a new higher high we could have formed a V shape recovery, trying to retest the previous highs at $9200,
we definitely need to see what the next hours are going to give us,
i would consider a reentry long if we put a new higher high, it would be very aggressive because we would be around the $9000 area,
i would need a great pattern to form with a target to $9200
shorting option i will need the candle to close first, could take the short under 8792 to target at 8541,
i will update the analysis in few hours, with my exact entries,
we are up $16000 in 6 days guys keep it up
the reason for that pull back, if we look at the 1 day chart is that there is not much resistance after we break $9400 until $10000,
we need to put a new high high over $8968,
if we put a new higher high we could have formed a V shape recovery, trying to retest the previous highs at $9200,
we definitely need to see what the next hours are going to give us,
i would consider a reentry long if we put a new higher high, it would be very aggressive because we would be around the $9000 area,
i would need a great pattern to form with a target to $9200
shorting option i will need the candle to close first, could take the short under 8792 to target at 8541,
i will update the analysis in few hours, with my exact entries,
we are up $16000 in 6 days guys keep it up
the reason for that pull back, if we look at the 1 day chart is that there is not much resistance after we break $9400 until $10000,