Fake-out - Expecting drop here at 9,000
Updated
This was the move up/fake-out I expected yesterday. The trend shows that this last push tends to fail.
As it is so close to breaking the downward trend it could succeed but I have moved stops up to close at this top and take profit. Buy back if breakout successful.
Best, Hard Forky
As it is so close to breaking the downward trend it could succeed but I have moved stops up to close at this top and take profit. Buy back if breakout successful.
Best, Hard Forky
Note
It's probably incorrect to call this a fake-out but I'd be careful in considering this a breakout at this stage :)Note
exact same buying pattern culminating here as seen on 9th December 2019Note
I had my sell order at 9,042 and moved it to below at 8980 before the last push up. It hit 9,041 (BN) - one of my better judgement calls ;) Best HFNote
Short term plays - 8,565 bounce (dead cat), 8,380 bounceNote
it held :)
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