Bear trend is not over yet
코멘트:
Above is just an idea in case we sideways longer to build bigger pattern. It might drop earlier too
코멘트:
1) Artificial pump
2) No new buyers
3) Dump
4) Repeat
Thats how bull stakes are made
2) No new buyers
3) Dump
4) Repeat
Thats how bull stakes are made
코멘트:
Does it look familiar
the present
the past
the present
the past
코멘트:
코멘트:
Triangle city
코멘트:
Interesting... finally bulls showing strength
main pattern remains the same which is bigger, better bear flag
main pattern remains the same which is bigger, better bear flag
코멘트:
it looks like a third elliot wave
코멘트:
코멘트:
My primal bear flag was compromised so I think bulls will try to retest this downtrend (orange) trendline which then should tell us the further direction
코멘트:
My thoughts short term
코멘트:
similar price actions. Won't be surprised if they do it again. They repeat paterns all the time. Different timeframes, same story
코멘트:
Above is just a possibility but I am not certain about breaking the downtrend yet. If something interesting comes to my mind I will share
코멘트:
This bull formation might be a bearish crab
코멘트:
코멘트:
Support should be around this green EMA. If it holds then it will be good signal for going up more
코멘트:
코멘트:
Bulls are on fire but near heavy resistance now. MIght form another inv h&s
코멘트:
Honestly, it might be epic bull trap too which for me is more likely but lets see
코멘트:
Rising wedge on 4h bear div and 1h bear div and smaller timeframes too. Probably last bull charge before retrace
코멘트:
Possible H&S setup
코멘트:
Possible H&S setup
코멘트:
4hr is bearish. Retrace to 7600 level possible
코멘트:
Just for fun. It was too perfect not to draw it
