Well....well.....well, look at that, damn bears trying to set a trap but I know their game very well and one of two things it will take place and fortunately at the end both scenarios will have the same outcome (UP).
We can see that price didn't drop last nigh when it should so next price move during the next 2 or 3 days(if not sooner) either will move sideways and then breakout or it will drop to grab liquidity bounce and then breakout to go for the $107k in either case scenario it will end up going for the $107k. Now if you are Long with high lev and your liquidation point is above $103500 you gonna get rekt. Know the rules of the game ...Play it safe. Take care everyone.
We can see that price didn't drop last nigh when it should so next price move during the next 2 or 3 days(if not sooner) either will move sideways and then breakout or it will drop to grab liquidity bounce and then breakout to go for the $107k in either case scenario it will end up going for the $107k. Now if you are Long with high lev and your liquidation point is above $103500 you gonna get rekt. Know the rules of the game ...Play it safe. Take care everyone.
Nota
Ladies and gentlemen you are witnessing a setup in progress for an explosive move.The higher the breakout starts the stronger the move will be and it will breach res line of $107k like if there's nothing there and move all the way to $109k, but if the breakout starts from the bottom of range $105k then it will struggle to pass the $107k line. Eyes on the weekly close
Buckle up ladies and gentlemen volatility is coming back, enjoy next wild ride.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.