possibly an extended shakeout coming at the perfect pain point $10,000
consolidation may take place above the 18 MA LOWS
guessing the range will be 8k - 12k
this would generate a lot of shake outs
10k will likely be the best place for markets
to take out stops on longs and shorts
easy liquidity grab at the psychological fomo area
consolidation may take place above the 18 MA LOWS
guessing the range will be 8k - 12k
this would generate a lot of shake outs
10k will likely be the best place for markets
to take out stops on longs and shorts
easy liquidity grab at the psychological fomo area
Note
so far right on the moneyNote
looks like the shakeout is nearing the endnow just 18 more months until 100,000
happy trading!
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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.