Hello,
We are holding the green support line, we have had our wave 4 down, so we are in for wave 5 up. I believe that we could see 6200 quite soon.
The shorts are really high, and when those get liquidated with a small pump, FOMO will come in from those 'experienced' traders who have been waithing for a 'real' pullback to put in their 'smart' money.
Trade safe and smart!
We are holding the green support line, we have had our wave 4 down, so we are in for wave 5 up. I believe that we could see 6200 quite soon.
The shorts are really high, and when those get liquidated with a small pump, FOMO will come in from those 'experienced' traders who have been waithing for a 'real' pullback to put in their 'smart' money.
Trade safe and smart!
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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.