pigeontrader

pigeontrader

Here ye go

pigeontrader

We have a H&S here, target price at 84

pigeontrader

This is being published just to show my bois

pigeontrader

Here we can see a bearish retest proving further to the down side. Short and sweet, happy trading

pigeontrader

What we are seeing now looks very similar to what happened before our free fall down to 3k, Now I do not believe that we will be seeing 3k again, but I do believe we will need to test the bottom of the giant wedge again which would take us to the 4.5k range. From the bottom of this wedge we will bounce hard and strong taking us to ATH in time for the...

pigeontrader

We have formed a double top and a double top never gets formed at the bottom, this is the extreme bearish scenario

pigeontrader

This is how I will be playing this move. We are in a downwards channel however we should see a move up to the top of the channel and possibly be rejected or better yet. Yeet it right out of the park.

pigeontrader

Taking a step back I am not liking what I am seeing. I am seeing a possible short down to 7k IF the bulls do not step up and show the bears their horns. We did not back test our previous level of resistance but instead sliced through it like butter. This is going to be an interesting weekend. I am expecting us to go lower.

pigeontrader

We are in this wedge currently -indicated in purple. Which ever way we break out I have longs or shorts waiting, the green horiz lines indicate the areas that I believe TP should be set at, I have chosen 3 levels on both a break out and a break down for you to determine if you want to secure profits or attempt to ride the trend. Cheers and Lekker!