Possible irregular flat correction in play. Remember that wave 2 can retrace almost whole wave 1.
Invalidation of bearish scenario likely once high is breached.
Do not trust weekend pumps. On 3D you can still form higher low if you look at price action.
We wont be blindly shorting this or playing, but if market fails to break the highs you can be more confident in this scenario.
There's a chance for irregular flat on broader scope, but that's for another time.
Odds for bulls obviously here.
Invalidation of bearish scenario likely once high is breached.
Do not trust weekend pumps. On 3D you can still form higher low if you look at price action.
We wont be blindly shorting this or playing, but if market fails to break the highs you can be more confident in this scenario.
There's a chance for irregular flat on broader scope, but that's for another time.
Odds for bulls obviously here.
Note
Other than these 2 ideas, there's no more hopium for bears here.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.
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.