To Start off I am long, long term. I think we need a sharp decline with long wick on the downside before we call bottom and high volume. That being said, I think we are about to see the dump on the shorter time frame. I doubt we break 3710, green line, and if we fall back inside that wedge we will fall below it and everyone will dump. If we do break 3710 I will do nothing as it will be a long signal on the shorter time frame amongst a giant bear trend. As with Forex trend is your friend and I have lost enough to know why everyone says this.
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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.