1-2 buyers wave. 3 – Uptrust manipulation stops gathering. 3-4 SOW strong sells. 2-4 BTC back to creek and to ½ of wave 1-2. 4-5 rejection from BTC and ½. 5-6 SOW strong sells.
It's common sense. This market is still on an up trend and the fact we tested the support line at 56.70 three times this week without breaking it that should tell you the market is gathering the momentum to reach the 60 handle.
Short at your own risk
Short at your own risk