Completely speculative, crystal ball style. This idea is purely out here as a potential scenario in case we do see somewhat of a repeat.
We may not. It may be time to let the markets do its thing. My overall position is hold until 100k+. I will not take action unless I see this play out.
But as I mentioned, I do believe the manipulators will continue. Their goal is to push the markets up while taking profits.
In this case, if we break the previous ATH with strong sentiment (after having turned it into support), we will see extreme greed returning and participants going long.
The best time for a shakeout.
Note: this fractal is not one-on-one. I increased the size to match the % gains (40% legs) / drops (10% correction, 25% drop to accumulation) during the previous fractal.
Coincidence that it then matches the ATH on the first peak, then testing around that range during the second peak (or is it?)
We may not. It may be time to let the markets do its thing. My overall position is hold until 100k+. I will not take action unless I see this play out.
But as I mentioned, I do believe the manipulators will continue. Their goal is to push the markets up while taking profits.
In this case, if we break the previous ATH with strong sentiment (after having turned it into support), we will see extreme greed returning and participants going long.
The best time for a shakeout.
Note: this fractal is not one-on-one. I increased the size to match the % gains (40% legs) / drops (10% correction, 25% drop to accumulation) during the previous fractal.
Coincidence that it then matches the ATH on the first peak, then testing around that range during the second peak (or is it?)
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.