Trade the breakdown.
Stop loss: above $6700
Target: At least $5500
Stop loss: above $6700
Target: At least $5500
Note
In short term, both scenarios can happen.Note
Note
My view: There will be no bull markets as long as the majority of the retail traders are still remain bullish.
Disclaimer
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.
Disclaimer
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.