Bear trap is coming but they wont trap me
Updated
This is a support line of at least 3 patterns.
1. head and shoulders
2. rising wedge
3. bullish channel
All of them are visible and clean, all of them are bearish patterns.
As we can see, support is about to break (or even already broken).
Everybody and their mamas are waiting for this support to be retested from bellow and short efferium as hard as possible.
I don't think it will be that easy.
What I believe we are facing manipulation as its finest.
Im waiting for price to deviate and reclaim that support.
In my opinion price will skyrocket burning all those shorts.
In case of that scenario long x20
1. head and shoulders
2. rising wedge
3. bullish channel
All of them are visible and clean, all of them are bearish patterns.
As we can see, support is about to break (or even already broken).
Everybody and their mamas are waiting for this support to be retested from bellow and short efferium as hard as possible.
I don't think it will be that easy.
What I believe we are facing manipulation as its finest.
Im waiting for price to deviate and reclaim that support.
In my opinion price will skyrocket burning all those shorts.
In case of that scenario long x20
Note
Now Im waiting for price to reclaim that support.
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