A Bearish Deep Crap
Could be in spe. BUT so far highly speculative.
Conditions: A flush tomorrow for the 88,6 retrace of the X to A-leg (2082 handle) no more no less.
This could suck in bears and create a bear trap. It has to be the 88.6 retrace... (A must)
Then we have to see a hard reversal for creating a short squeeze that could propel the D leg up for a BLOW off top
Clues to support this possibility:
We have B-leg retracing 88.6 of the X to A-leg.
If we get the C-leg retracing 88,6 of the X to A-leg ... the setup for the 1.618 extension is then ready to pan out.
RSI is a its low so could turn up after a flush
Fear not ...believe in what you see
BLawrenceM
Music at work:
youtube.com/watch?v=awv8REl5_BQ
open.spotify.com/track/6qlubrPNXe78NaIGdZ0nh2
Could be in spe. BUT so far highly speculative.
Conditions: A flush tomorrow for the 88,6 retrace of the X to A-leg (2082 handle) no more no less.
This could suck in bears and create a bear trap. It has to be the 88.6 retrace... (A must)
Then we have to see a hard reversal for creating a short squeeze that could propel the D leg up for a BLOW off top
Clues to support this possibility:
We have B-leg retracing 88.6 of the X to A-leg.
If we get the C-leg retracing 88,6 of the X to A-leg ... the setup for the 1.618 extension is then ready to pan out.
RSI is a its low so could turn up after a flush
Fear not ...believe in what you see
BLawrenceM
Music at work:
youtube.com/watch?v=awv8REl5_BQ
open.spotify.com/track/6qlubrPNXe78NaIGdZ0nh2
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.