change of plan
Short term plan of catching downwards moves failed big time. Shorting seemed logical, because price was rising into major resistance, but all my stops where run through.
At this moment there is no clear sign of direction. Most probable scenario seems to be sideways correction towards support or dump caused by profit taking and trapped FOMO bulls. Lets see if a nice long setups shows itself around the white targets.
In case we keep pumping or growing without a proper correction, my priority is finding a short setup around the yellow targets.
Note
Yellow targets will probably turn white if a correction appears
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.