I'm just gonna say straight out, this is an opinion. I don't know. No one does in this market.. But.. I'd like to put out the idea that we're gonna bounce from $8500 up to $9500 before this bearish trend continues it's journey to sub 6k
Note
Yeah this could be very real. Make sure your margins are nice and broad. either this will bounce real hard or drop straight out to that 6k region... im not sure about how im going to manage deciding to exit at 8k5 or try hang in there if it really does take the plunge..
Note
I'd be happy closing here but I'll leave this active till we get a yay or a nahy on 9k5+ b'fore calling a return to 8k5-
Trade closed: target reached
I'm gonna close this cause regardless the outcome, this idea is over. Just wating on to see if we get a close of the first 30 min with this cross over intact.
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.