The best move for this finished imho. We should see a correction that ideally shouldn't exceed -10% from the high but it will be mostly time consuming, frustrating all late comers.
So, if you're a short/medium term trader it's best to just take your profits and stay out of the market for the next few weeks or try your luck somewhere else in another group.
If you're a long term investor, this doesn't change the bullish outlook for now. Just be aware that there probably won't be big up moves in the short term.
Questions? Chat or Comment on Ideas Don't forget my public Telegram channel - t.me/em16public
Thanks !
Also on:
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.