Road to 5k: Textbook Bearish Pennant
Updated
And target is 5.7-5.8k
Note
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There is a big drop and possibly a bull trap on the way. Start to close your reasonable positions, a bull run might occur to 7.5K after we drop to 5.8 and then 5k.Market makers are selling their holdings and they do it in a way that making the price artificially go up and then dump on you.
Don't fall into the trap, don't be greedy.
Just get out in an optimal price range.
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I don't think Short Squeeze invalidates this, one way or another we are going to see below 6k after this Top.
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