My idea is that we will not reach a new ATH before the year's end.
If the trend reverses downward I think it is possible that we see a pattern that was also visible in Jun/Jul 2016.
If this happens It is important to pay close attention to the news, rumors and hype machines out there.
A possible strategic partnership with a ride sharing company could give a fast trend reversal in the next year.
My idea is to play a short down to 300/320 (depends how fast we go) to then either take out my position for a longer period as we move sideways, or immediately play the reversal in search of a new ATH.
If the trend reverses downward I think it is possible that we see a pattern that was also visible in Jun/Jul 2016.
If this happens It is important to pay close attention to the news, rumors and hype machines out there.
A possible strategic partnership with a ride sharing company could give a fast trend reversal in the next year.
My idea is to play a short down to 300/320 (depends how fast we go) to then either take out my position for a longer period as we move sideways, or immediately play the reversal in search of a new ATH.
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.