The great 2023 bulltrap
Everyone was calling for a breakout of the major trendline and we saw record amount of retail money flowing in the market...
The rising wedge on the daily broke down last Friday, this should be the start of the next big down move. We are either looking at another 20% move, like last time, or at a 30% move.
3500, 3300 and 2900 are the targets
The rising wedge on the daily broke down last Friday, this should be the start of the next big down move. We are either looking at another 20% move, like last time, or at a 30% move.
3500, 3300 and 2900 are the targets
Note
The DXY made a perfect bounce on the weekly trendline from its bull flag, 120 is coming.
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