Goodmorning everyone,
My thoughts to all the people that got liquidated yesterday. But eat it and spit it out. Learn and focus on the next trade.
What will happend next?
2 possible scenario, one that still is in my mind is the big ABC correction.
But, since i dont believe it is over yet and im a little long biased i draw the lines for a long possibility.
You can see we made a 3 bottom the last few time before we went up.
Lets see if we can make one now on top of the 200ema. That would be super bullish, but if it fails? Well i think you can fill in the answer yourself.
Tradesafe!
This is not financial advise.