I think 3. wave just got formed. I'am almost sure it will retrace in near future. Maybe it will first test that big grey box, but I don't think so. If is this correct count first we will see retrace (to 0.5 Fib 2644$ in my opinion), than possible 5. wave which might make new All Time High. Overall I'm in a short now and I put stop loss just little above that grey box in case that I'm wrong. Soon i expect heavy volatility. And yea i have one more bullish news. If this play that how I think it will we can see it will make a huge INVERSE HEAD & SHOULDER pattern which is so bullish. If I'am right, sky is the limit. But first I wanna see retrace to that 0.5 Fib. For more info you can DM me. If you like this trade and analysis hit that like and follow button. Thanks!
עסקה פעילה:
That little short squeeze was nice. Strong resistance remains strong resistance.Can't see anything positive now. Overall I'am still bearish. I'll let you know if something change.