Correction confirmed by secondary moves. Primary uptrend intact. Market cleanse needed to continue upwards. Price is looking for fresh new "unleveraged" buyers. As long as there is excessive leverage; prices will not be sustained.
Would love to see just the price to skyrocket from here, but you guys know how this is. Perhaps the newbies don't know how this is. Hardest part is to keep profits and not be greedy.
If we are lucky this is will just skyrocket and invalidate all this. Hope this idea gets invalidated, but that is the least likely possibility.
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“All fixed set patterns are incapable of adaptability or pliability. The truth is outside of all fixed patterns” BL
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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.