so heres the problem, if we cant get a break above the line- then we have a head and shoulders, and what i thought was an impulsive move to the upside could in fact be an A-B-C corrective move off of the first high, Stop loss is the way to go here, because if its a-b-c, then it could sink all the way back to the boittom before another move up . on a knife edge here, so protect your gains
Note
defo cant go below the neck line of the H&S, if it falls below that its doomed, cos it'll come back up and support will have flipped to resistanceNote
careful if you're temptedNote
just sold everything, this looks all kinds of badNote
best I got, but USD is showing no signs of stopping any time soon, so who knows, it ca seemingly keep going up on infinite bearshsh divsNote
gold, silver, stocks, crypto, all dumping today , so im out, nothings going anywhere until the usd has a blow off top, then we can think about going up again, but it could literally be btc under a dollar by thenNote
bought that, im not touching anything else cos short squeeze on usd denominated debt, i think almost everything else goes to the floor on a parabolic dollar move up to silly prices,Disclaimer
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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.