August 31st I got a signal indicating momentum is shifting, followed by a $2200 dump.
The same signal popped up on September 19th, and history tends to repeats itself.
With an -18% move like we saw from the lower high (momentum shift signal) ~ it would bring us to around $9200 (which is next support below $9950 after cme gap)
Remember CME closes today as well as the weekly candle.
"buy low sell high" ~ we've pumped $8000+ since March 2020 ($4000 - $12495)
After $10500 breaks it shouldn't be too long before $10000 is lost, then the real panic shall begin.
(see you all on the other side)
The same signal popped up on September 19th, and history tends to repeats itself.
With an -18% move like we saw from the lower high (momentum shift signal) ~ it would bring us to around $9200 (which is next support below $9950 after cme gap)
Remember CME closes today as well as the weekly candle.
"buy low sell high" ~ we've pumped $8000+ since March 2020 ($4000 - $12495)
After $10500 breaks it shouldn't be too long before $10000 is lost, then the real panic shall begin.
(see you all on the other side)
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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.
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.