Hi Trading Viewers,
A few days ago, I posted a similar projection, but it wasn't quite perfect. So, I am updating it here.
How to Spot a bear wave ?
How to spot the beginning of a Bull wave ?
It is probably the hardest job on trading. It means to find the very bottom of the price, before it goes up for a long run.
Panic or Excitement are common, and shake the market.
Most traders already felt that market is heating up, but to know the best price to enter before the bullish momentum really comes is something difficult.
Now, bulls are trying really hard to get the price up, but they cannot pull price through MA 100, this is a wall.
RED ARROW DOWN should be the start of the fall on daily chart.
For more information check the related charts below.
Feel free to: comment, suggest better ideas, ask questions inbox, help me improve, post a better chart on the comment, and GIVE A LIKE or FOLLOW.
GOOD LUCK. GOOD PROFIT.