WHY SO MANY SHORTS
Updated
I would love to ramble about geopolitics, but that aside, the real deal I see is bear overreacting party here.
Elliott wave approach:
ABC corrective wave is completed. It's time for a bull run.
Trend line approach:
3 times tested channels is having a fourth try.
Others:
Daily Exponential Moving Average +SMA 50/100/200 are showing 4 supports and 2 resistances.
Elliott wave approach:
ABC corrective wave is completed. It's time for a bull run.
Trend line approach:
3 times tested channels is having a fourth try.
Others:
Daily Exponential Moving Average +SMA 50/100/200 are showing 4 supports and 2 resistances.
Trade closed manually
Busted pattern. For reasons I can come up,Possible Demand worries/trade war concern and Russia production number ect.
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