Bearish, too much bearish. Bottom fishing here in small
I know it has turned super bearish, and I rarely do bottom fishing and top hunting as I always try to go with trends. But this time I must try it.
The reasons:
- haDelta, which has reached a really extreme low twice. First one was 22/June --> it popped 20 USD from the low. Second extreme low was yesterday. That low is slightly higher. Meanwhile Price made a lower low at 340.
- Price drop was too quick and it moved too far away from Kijun Sen. Market needs a correction.
I go 0,5 unit long here. I expect retest to 365 +/-.
The reasons:
- haDelta, which has reached a really extreme low twice. First one was 22/June --> it popped 20 USD from the low. Second extreme low was yesterday. That low is slightly higher. Meanwhile Price made a lower low at 340.
- Price drop was too quick and it moved too far away from Kijun Sen. Market needs a correction.
I go 0,5 unit long here. I expect retest to 365 +/-.