Correction comes to an end by completing inverse h&s;
Was a nice dip/consolidation, similar to the one we had from $11000-$9000 on November 30th.
Off to new highs!
Was a nice dip/consolidation, similar to the one we had from $11000-$9000 on November 30th.
Off to new highs!
Note
weird; with such a nice inv h&s seemed like we were sure to rocket back, instead we continued the correction a bit longer, however i'm glad to see this as we needed a longer correction after such growth anyway.
with CBOE futures launching in 3 hours, I'm expecting a nice bull trend to start soon.
Note
back to new ATH's, hopefully everyone's closed their shorts and went long, was a good opportunity to buy the dip this weekend.
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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.