Hi guys, we are seeing the correction projected in my previous scenarios.
Bull : the 51.000$ levels holds and we enter a period of accumulation breaking out of the bull flag to the upside. Might be here or lower as drawn on the chart in the 46.000$ area. if we get there and the support doesn't hold then ...
Bear : the support at the 46.000$ area breaks and we go down to re-visit the 40.000$ area where we would probably get a very serious bounce and an opportunity for buying.
Trade safely my friends !
DYOR, this is educational material, not financial advice.
Bull : the 51.000$ levels holds and we enter a period of accumulation breaking out of the bull flag to the upside. Might be here or lower as drawn on the chart in the 46.000$ area. if we get there and the support doesn't hold then ...
Bear : the support at the 46.000$ area breaks and we go down to re-visit the 40.000$ area where we would probably get a very serious bounce and an opportunity for buying.
Trade safely my friends !
DYOR, this is educational material, not financial advice.
