if youre still long this is a good hedge imo
Short term it could go up a bit, squeeze some shorts. But for the next 4 months i think we go down.
not going to play exactly like this ofc, but keep in mind that this can happen. Dont get too euphoric yet.
ichi edge to edge, also on 12h base line confluence with bottom cloud
The volume matches that of an inverted head and shoulders thus far. Now we need the retracement for the right shoulder. Which will probably go to the 0.5 fib retracement. I dont expect it to go much lower than that based on the volume profile on the right. Im going to wait to see the interaction with this 0.5 fib and probably go long if the setup is right. Adjust...
Look on the chart for the signals which tell me this is a nice buy right now.