Whos buying 5 dollar coffee these days anyways
Updated
This is quite the call being so far out but could happen. Still learning about ins and outs of Wyckoff phases I do believe that we are in SOME kind of distribution phase within the market currently. I'm neither Bull nor Bear more trading for the education of the whole thing. So if you believe this to be true then so be it follow said chart be smart with your money a distribution period into a Bear market could really hurt some Perma Bulls.
For the "shorter" term (I use that term lightly) though looking like a double top with less volume on the second rise yet still creating a higher high. If you don't feel like waiting the year or 2 this chart may take to play out that's the current look so it seems.
Anyways Enjoy :)
For the "shorter" term (I use that term lightly) though looking like a double top with less volume on the second rise yet still creating a higher high. If you don't feel like waiting the year or 2 this chart may take to play out that's the current look so it seems.
Anyways Enjoy :)
Order cancelled
Disclaimer
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.