My previous analysis triangle played out well with a thrust to the daily 200EMA as suggested and recovery.
If the triangle was wave B then the correction is now over as triangles are penultimate patterns. Wave 1 of 5 was just completed up with this pullback been wave 2.
However, the trend is STILL down and the bears are in control. The deeper we go the more the triangle may be a wave X of a complex correction WXYXZ. Suggesting we have much deeper to go to unwind the
CIFR momentum.
As long as new investors are trend chasing there is money to be made in dumping.
Safer trading
If the triangle was wave B then the correction is now over as triangles are penultimate patterns. Wave 1 of 5 was just completed up with this pullback been wave 2.
However, the trend is STILL down and the bears are in control. The deeper we go the more the triangle may be a wave X of a complex correction WXYXZ. Suggesting we have much deeper to go to unwind the
CIFR momentum.As long as new investors are trend chasing there is money to be made in dumping.
Safer trading
🎓 Behavioural Economist (PhD)
📈 Trader / Investor 15 years
👑 Unlock my trading plans: tradingblueprints.substack.com
🏆 Market Psychologist Newsletter: marketpsychologist.substack.com
📈 Trader / Investor 15 years
👑 Unlock my trading plans: tradingblueprints.substack.com
🏆 Market Psychologist Newsletter: marketpsychologist.substack.com
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
🎓 Behavioural Economist (PhD)
📈 Trader / Investor 15 years
👑 Unlock my trading plans: tradingblueprints.substack.com
🏆 Market Psychologist Newsletter: marketpsychologist.substack.com
📈 Trader / Investor 15 years
👑 Unlock my trading plans: tradingblueprints.substack.com
🏆 Market Psychologist Newsletter: marketpsychologist.substack.com
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.