Those who fomo'd yesterday are getting rekt as we speak. The big questions is, will the hype be enough to continue the breakout, or was it simply a false flag. If it's the latter, maybe we'll see another H&S...wouldn't that be funny. Or is it a double-top? Or a cup and handle?
Back to the resistance line for now. Let's wait and see.
Back to the resistance line for now. Let's wait and see.
Note
Moving towards the yellow. I'm sort of expecting a bounce there...but if we break it...see chart. This is a guessing game for me, but I'm definitely buying the dips on the way down.
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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.