Those that were short with me from the top should be thinking about setting stops and taking some profits off the table (3000 pips pretty f*cking good eh?). Price-wise we are finding support horizontally from a previous consolidation zone. However, I think it MIGHT drop a bit further.
Look at RSI and find support either at blue or pink (highlighted). This will resolve within 2-3 days.
The short-term bullish case is that price moves up to test the top of the channel. This would be major bearish medium-long term and minimize any significant dead-cat bounces.
Good luck.
Look at RSI and find support either at blue or pink (highlighted). This will resolve within 2-3 days.
The short-term bullish case is that price moves up to test the top of the channel. This would be major bearish medium-long term and minimize any significant dead-cat bounces.
Good luck.
