Cannabis-Market Crash ahead or is this the bottom?
Updated
The Cannabis market is trading at its Pivot Support Level. The analyzed timeframe is strict bearish.
Trading below the lows could initiate a sharp selloff.
buying the actual Level with a stopp near below the lows could be an intteresting idea for my anticyclical risk Lovers
for me the Logical trade would be: trying to catch the breakout --> stoppsell below the lows with a stop near above the entry Level.
the RSI says that the likelihood for an upmove is higher at present
Trading below the lows could initiate a sharp selloff.
buying the actual Level with a stopp near below the lows could be an intteresting idea for my anticyclical risk Lovers
for me the Logical trade would be: trying to catch the breakout --> stoppsell below the lows with a stop near above the entry Level.
the RSI says that the likelihood for an upmove is higher at present
Note
High :-) Note
n1 but watch the rsi now..is it time for a break soon? Note
a trader`s dream Note
is it time for the next buying wave? we reached the nect make or break level Note
here we see the next breakout! Note
Note
yihaaaa Note
bombed away the ath Note
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