This is a gut feeling based on previous sell offs (especially the times they seem to start). Between now, but mainly 4.30pm to 6.30pm GMT I'm predicting the start of a massive sell off (until around 11pm GMT 14th March). The sell off should reach the purple OR even the red line (briefly).
**Being wrong is part of the game, but I'm setting really tight rolling stop-losses.
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IF this happens (which unless there is a buying big spike very soon) I wouldn't be surprised if there was a bull-trap on the purple line (is it bull-trap or bear-trap, I forget which way round it goes).
PS. sorry about the typo in the title (*Starting*). I was concentrating on the chart more than my spelling lol.
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Fake out with a phoney bull run?
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The bulls aren't going down without a fight lol. Extending the timeline. Still think this model has a high probability.
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