Plenty of room to fall here. Solid bounces usually happen with lower rsi. I expected a retest of 6050. It may look to break down this time.
Cup and handle shown on 1 hr and 4 hr timeframe.
We shall see.
Probably going to piss a lot of people off with this but thats ok. Sometimes we need to sit back and take a look at the big picture. This really makes me wonder if we are just trading in a big bull trap.
