In my opinion bears are trapped in momentum breakout. But the big boys are looking to take it higher. This bear trap is valid till the low @ 1833 is taken out completely. Expected price movements are blue (80% probable) & red (60% probable).
Level play FOLKs! Supply started from first down arrow at around @136.50 area, then price was pushed above for short squeeze to trap retail bull traders. Two consecutive down area after the first one was for trapping gullible retail traders, but intention was always to go down. Then the dump happened & profit was taken, but to continue the short ride. Will they...