WTF...?
Updated
Current trend drawn today, did not foresee those pumps so congratulations whoever caught them.
The 7200 mark was my entry, missed it and got in long @ 7335 and now....we are dumping lol. Sods law. The trend is your friend most times, I had the bullish diversion marked but it came a bit earlier than expected. Im now in an oopen long position, which I plan to keep open to 7500+, then ill take interest and watch whilst changing SL accordingly.
The 7200 mark was my entry, missed it and got in long @ 7335 and now....we are dumping lol. Sods law. The trend is your friend most times, I had the bullish diversion marked but it came a bit earlier than expected. Im now in an oopen long position, which I plan to keep open to 7500+, then ill take interest and watch whilst changing SL accordingly.
Note
The bears are fighting back now HARD. This will be a long one, or else it was a fakeout.Note
Longer (almost) descending triangle, borke down 2 or 3 time but came to a point near my bearish reversal in yellow. Longet time frames for chart patterns are important, trends can not be determined by 3 or 4 hours, thats confirmation of the trend...NOT the trend itself.
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