Would need further consolidation for another high break to be potentially profitable and carry momentum behind it. For now, we remain in a bearish flag.
A broad idea of what to expect for the next few days for tech stocks and NDX instruments. Would advise against rushing into a short here but anything can happen, GL.
As BTC consolidates, it is important to stay neutral until confirmations are given. Here is a broad idea of what to expect and prepare for in the coming weeks. This chart should be used as a long-term backing for any short-term trades that could be taken on the 30 min/15 min/5 min/1 min chart. GL.
Short-term bullish with a couple of possibilities to play out depending on what happens at the major level. Adapt to the price action, GL.
A grammatical error on the chart text, matched******* is what was meant to be typed.
Anything can happen when testing a major level. However, at this point in time price action is leaning on the bullish side. The break is only confirmed when the current trend continues above the high (continuous higher highs and lows). Preferably there will be some sort of wedge/triangle pattern to form to further solidify the break of the level. It may of been...
