One more squeeze to the upside before following through
Expecting one more slight push to the upside before finishing off the final leg to the downside. It's been forming h/flat patterns all day so I'm expecting the same move to finish it off. Primary target is $7,000 but $6,800/ potential head and shoulders are in play. I plan on closing my short position and riding up the correction to about $7,400-$7,500 before another impulsive push to the downside.
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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.