good afternoon ~
es still looks kinda trappy to me.
4h hidden bearish divergence confirmed,
regular bearish divergence confirmed as well.
few other indicators i use are flashing a sell.
---
the recent break-down from the bear channel could have been a trap,
but i feel the trap isn't quite finished yet.
3550 is the 38.20% retracement (on log scale), when taking a measurement from ath to covid low.
this area will act like a magnet.
the question isn't if this level will get hit,
but rather when will it get it.
---
mostly cash, waiting for my level before jumping in o/
es still looks kinda trappy to me.
4h hidden bearish divergence confirmed,
regular bearish divergence confirmed as well.
few other indicators i use are flashing a sell.
---
the recent break-down from the bear channel could have been a trap,
but i feel the trap isn't quite finished yet.
3550 is the 38.20% retracement (on log scale), when taking a measurement from ath to covid low.
this area will act like a magnet.
the question isn't if this level will get hit,
but rather when will it get it.
---
mostly cash, waiting for my level before jumping in o/
i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
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La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.