Examine closely the RED LINE and how the price has been following it. The fractal (red color) was taken from the years 2014-2015. It has been a PERFECT lead so far in terms of price change, supports, resistances, time and overall precision. According to this fractal, there is one last leg down before forming a triple bottom at $5840.
Please, remember that this is only a fractal. Do not rely on the past, for it may not repeat in the future. Do not try to catch the perfect bottom, the perfect wave, the perfect profit. Minimize risk at first! This is even more important than the article: to blindly believe in a fractal would be foolish, because there could be dozen others that fit as well. We may not form a bottom at $5840 or ever see the price there, or we may -- and either way is fine, because you are a disciplined trader and you understand the paragraph we have written. You are not chasing perfect tops and bottoms, but rather flowing with the trend. This should not be taken as a classical Meow-Analysis or a classical Meow-Signal, rather it is a spicy extra perspective. This is not a financial advice and you agree to take 100% responsibility.
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Please, remember that this is only a fractal. Do not rely on the past, for it may not repeat in the future. Do not try to catch the perfect bottom, the perfect wave, the perfect profit. Minimize risk at first! This is even more important than the article: to blindly believe in a fractal would be foolish, because there could be dozen others that fit as well. We may not form a bottom at $5840 or ever see the price there, or we may -- and either way is fine, because you are a disciplined trader and you understand the paragraph we have written. You are not chasing perfect tops and bottoms, but rather flowing with the trend. This should not be taken as a classical Meow-Analysis or a classical Meow-Signal, rather it is a spicy extra perspective. This is not a financial advice and you agree to take 100% responsibility.
Follow @UnknownUnicorn6031161 for more insights! Also make sure to visit our...
Facebook: https://www.facebook.com/meowsignals/
Website: (coming soon)
