If NETFLIX manages to break down, it will be a quick and fast fall. Because of the awesome R;R = 10 , I'm already short. Note: This is not based on TECHNICAL analysis but Key Levels/Sentiment/Fundamentals.
For now I expect that BTCUSD will move beyond the POC(point of control) There is a chance that it will already make a strong downward move but I think we need more buyers to trap when they buy the breakout. After that people will sell their position because of natural psychology and fear of more downward movement. This will cause all breakout buyers to sell their...
I'll be waiting for price to come to the blue area, this is where retail traders most likely will buy into. From there I'll open a short position for a pretty good R;R.