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Falling Wedge confirmed
What's going on everyone!?!
I would like to start off by thanking everyone for the support and also if you check out my most recent
chart published "Falling wedge incoming SHORT liquidation run" you will see that it is playing out perfectly.
It looks like that was our correction down to 8250's and a bounce to 8640's is next. I remain long and in profit.
The DAILY STOCHASTIC RSI looks very good for a strong move to the upside. We held on the DAILY 21 moving average
just as i thought we would. Today's new daily candle will guide us in the direction heading back towards 9k. We either
double top 9100's or we break thru. Taking a profit at 9100 is going to be a safe bet in case of sell off and i will be doing so.
I will re long 8740-8800 once retrace is completed. Best of luck traders!
Make sure to LIKE and FOLLOW to support by content
Thanks, LiquidMEX
I would like to start off by thanking everyone for the support and also if you check out my most recent
chart published "Falling wedge incoming SHORT liquidation run" you will see that it is playing out perfectly.
It looks like that was our correction down to 8250's and a bounce to 8640's is next. I remain long and in profit.
The DAILY STOCHASTIC RSI looks very good for a strong move to the upside. We held on the DAILY 21 moving average
just as i thought we would. Today's new daily candle will guide us in the direction heading back towards 9k. We either
double top 9100's or we break thru. Taking a profit at 9100 is going to be a safe bet in case of sell off and i will be doing so.
I will re long 8740-8800 once retrace is completed. Best of luck traders!
Make sure to LIKE and FOLLOW to support by content
Thanks, LiquidMEX
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