Since the Bulls closed Saturday with a clean bullish candle, the Bears have been leaning on them heavy. I am talking rope a dope pressure. Ali on the ropes. George Foreman throwing everything he has in the middle of the Jungle.
For days the Bulls have been absorbing shot after shot. No follow through. No clean response. Just defense.
Until yesterday.
Yesterday we finally got the first bullish close since Saturday.
Now the question is simple.
Are the Bears starting to gas out like Foreman in the fourth round?
Has Round Five officially started?
Because if it has, this is where discipline becomes deadly.
This is where the Bulls stop surviving and start counter punching.
Sharp. Precise. No wasted movement.
The Bears were inches away from swiping the Inside Range Low. Inches. They could taste it. That is what makes this dangerous for them. When you get that close and fail, momentum can shift fast.
If the Bulls step in today and take out those highs, that is not just a bounce. That is a statement.
That is the moment the Jungle realizes the fight is not over.
For days the Bulls have been absorbing shot after shot. No follow through. No clean response. Just defense.
Until yesterday.
Yesterday we finally got the first bullish close since Saturday.
Now the question is simple.
Are the Bears starting to gas out like Foreman in the fourth round?
Has Round Five officially started?
Because if it has, this is where discipline becomes deadly.
This is where the Bulls stop surviving and start counter punching.
Sharp. Precise. No wasted movement.
The Bears were inches away from swiping the Inside Range Low. Inches. They could taste it. That is what makes this dangerous for them. When you get that close and fail, momentum can shift fast.
If the Bulls step in today and take out those highs, that is not just a bounce. That is a statement.
That is the moment the Jungle realizes the fight is not over.
Red Elephant
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
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Red Elephant
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.