If you pay a little attention on the charts, there's clear bearish divergence here on BNF! And that huge gap up open, it's screaming out loud "Buyers Trap", just if you pay clear attention!!! Sell as soon as it breaks yesterday's low's. By sell i am talking about selling options, not futures!!! Sell those around 23K mark for a little safety. It's coming...
1.The Flag we're forming if it breaks to the upside, then your target should be the upper trendline. 2.If it breaks to the down side, then expect a strong fall once the trendline is broken!!! Trade at your own risk! For Educational purposes only!!!
On 29th of June, i gave a trading idea which has been activated today! See Related Idea! What's interesting is the confluence of Pitchfork Breakout and my redline? Isn't it? Expect a large fall, whatsoever people tell you from here!!! Trade at your own risk! For Educational Purposes Only!