Bearish setup
Updated
This presents a good setup for bears with a good RR. The next few weeks should be interesting.
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Big bullish hammer can be trouble for bears...Note
That hammer did the thing!! Now let's see an if in doubt, stay out.Note
Price has gone a bit too high for my liking, plus, after the formation of that hammer, I knew there would be more bulls coming in the market. So I'd say bulls have taken over for nowNote
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Bulls are indeed in charge. After spotting that big hammer, it was some kind of signal that there were more buyers than sellers.
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