This idea is only valid, when we stay in.
It's very possible that this thought is wrong.
I just wanted to share it with you, because it's not that stupid at all.
Since everyone is expecting a bounce at the $7000 area,
big players could push the price down below the zone.
If this idea becomes true, then watch for a correction and
another move down.
This would be the first wave of the final crash.
It's very possible that this thought is wrong.
I just wanted to share it with you, because it's not that stupid at all.
Since everyone is expecting a bounce at the $7000 area,
big players could push the price down below the zone.
If this idea becomes true, then watch for a correction and
another move down.
This would be the first wave of the final crash.
Comentário:
Comentário:
Let's see...
Comentário:
If it is a bigger correction then we will mostly go up the entire day again before breaking down...
Comentário:
Expecting some major moves just before or after weekly close. Could touch $8,300 till then.
Comentário:
Watch out for these ideas. they are 99% wrong:
Idea 1: We are currently in a big falling wedge and are about to break out.
Idea 2: We are currently in a small falling wedge and have already broken out.
The most famous idea currently:
Idea 3: We are in a big triangle, it decides in which direction it will go.
In 99.9% of cases, the opposite happens. Mostly there is a fake outbreak that causes people to act emotionally and buy or sell without thinking.
In the end you have lost money and complain about the manipulations.
I do not want to say that others are wrong and my idea is right, no. I just want to warn you. The simplest things in trading that everyone comes up with are always wrong.
Idea 1: We are currently in a big falling wedge and are about to break out.
Idea 2: We are currently in a small falling wedge and have already broken out.
The most famous idea currently:
Idea 3: We are in a big triangle, it decides in which direction it will go.
In 99.9% of cases, the opposite happens. Mostly there is a fake outbreak that causes people to act emotionally and buy or sell without thinking.
In the end you have lost money and complain about the manipulations.
I do not want to say that others are wrong and my idea is right, no. I just want to warn you. The simplest things in trading that everyone comes up with are always wrong.
Comentário:
By the way, we should reverse at around $8,300 and break $7,800 with ease (since everyone is expecting a bounce there).
After that, we could find support at $7,500. If not, we'll go through all the walls.
After that, we could find support at $7,500. If not, we'll go through all the walls.
Comentário:
No good daily close today. Closed for the second time in a row under MA50 in the daily chart. Should not break $8,400 anymore. Otherwise we would see a pump up to $8,800. But most likely it will continue down here after a test of MA50 on daily.
Comentário:
We are at $8,300 and people are dreaming again and are doing their predictions for the future with their Elliot Waves (which has never worked and won't work) where we will see $50,000 ... $2,500 we can come!
Trade fechado manualmente:
Today I will post a new idea. This idea isn't valid anymore. But that does not change the fact that we will drop the next time.
