Given the large volume of liquidity around the 18,700 - 18,800 price range, we might expect some downside manipulation today. Considering the recent break to all-time highs, looking for LONG positions at this point could be seen as somewhat premature. It may be more prudent to wait for the market to complete a downward retracement before considering LONG positions.
However bare in mind upside continuation could occur.
NB: Be on the look out for the PUMP and DUMP.
Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Trading involves significant risk and may not be suitable for all investors. Always consult with a financial professional before making any investment decisions.
Happy and safe trading people.
However bare in mind upside continuation could occur.
NB: Be on the look out for the PUMP and DUMP.
Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Trading involves significant risk and may not be suitable for all investors. Always consult with a financial professional before making any investment decisions.
Happy and safe trading people.
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.
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.