Bull Trap
Actualizado
Drawing triangles like a schizo can sometimes give you an edge. In this case the best indication that this correction has come to an end is if it breaks the upper "trend lines".
But most likely, this is a squeeze, to milk the longs.
But most likely, this is a squeeze, to milk the longs.
Nota
The red line (outlines volume @ price level) seems to hold strong resistance.Nota
Now, let's see if this candle closes above the triangles. If it does, you can make a 25x long and take profit right below the las base bottom.Nota
And now we will revisit $7660. After that, arch sown to the 7k level
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.