2 scenarios, waiting for confirmation, leaning bull
zoom out ppl, this was the first major pullback on the larger timeframes (Weekly, Monthly) and now we are sitting at ATH, fueled and ready for the next run printing new highs... dont fight the trend
2 scenarios layed out, leaning bull no trade till a clear break on either side of the pennant, use stops when it does
Honestly, this price action is not looking good, I have drawn out two scenarios as we are currently trading mid-shockwave. Leaning bearish
dnt fight the trend, eyes open, watch for a breakout, manage risk and use stops, look for good risk:reward set-ups
dnt fight the trend and manage risk using stops