Those who stayed short - well done!
The message of this chart is that for the remainder of this and early next week, the price can spend consolidating. I do not do intraday trading, hence, the strategy would be to take it easy, watch waves and add shorts if opportunity emerges. The price can continue crumbling down - I do not rule this out. At this stage of the move, it is better to stick to existing positions and watch. For that reason I do not endeavour to label wave 4 in the making. Overanalyzing hurts trading.
What do you think?
The message of this chart is that for the remainder of this and early next week, the price can spend consolidating. I do not do intraday trading, hence, the strategy would be to take it easy, watch waves and add shorts if opportunity emerges. The price can continue crumbling down - I do not rule this out. At this stage of the move, it is better to stick to existing positions and watch. For that reason I do not endeavour to label wave 4 in the making. Overanalyzing hurts trading.
What do you think?
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.