Hello, wonderful person!
I hear people talk about uncertainty here and there, but my indicators looks pretty confident. Yes, we have a red 9 setup and 13 countdown on the monthly, which is a rare sign of a pullback and since we are in the middle of an uptrend we have two options here:
1) Dec 2020 pullback to $12100-$15120
2) Jan 2021 pullback to $12100-$15120
and the only uncertainty/questions here is which price is the best to short and how fast the pullback is going to strike back to the upside. I don't know, what I can tell you is most likely to happen somewhere between Dec 21 2020 on a 3 weeks range. Anyway, this is not a financial advice it's just what my indicators told me.
Best regards!
I hear people talk about uncertainty here and there, but my indicators looks pretty confident. Yes, we have a red 9 setup and 13 countdown on the monthly, which is a rare sign of a pullback and since we are in the middle of an uptrend we have two options here:
1) Dec 2020 pullback to $12100-$15120
2) Jan 2021 pullback to $12100-$15120
and the only uncertainty/questions here is which price is the best to short and how fast the pullback is going to strike back to the upside. I don't know, what I can tell you is most likely to happen somewhere between Dec 21 2020 on a 3 weeks range. Anyway, this is not a financial advice it's just what my indicators told me.
Best regards!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.