Warning: I don’t entirely know what I’m talking about, but I need rep to participate in chat. Even if you think I’m way off, consider leaving a comment or liking.
Now on to my TA - except in this case it stands for “terrible assumption”
We’ve become used to pumping weekends, but we all know we’re overdue for a correction. I think this may be when it finally happens. The one day chart is showing a blip of red and the one hour looks like a downtrend. I don’t know that this will be the 20-30% correction other people are talking about but it’s definitely noteworthy.
Now on to my TA - except in this case it stands for “terrible assumption”
We’ve become used to pumping weekends, but we all know we’re overdue for a correction. I think this may be when it finally happens. The one day chart is showing a blip of red and the one hour looks like a downtrend. I don’t know that this will be the 20-30% correction other people are talking about but it’s definitely noteworthy.