When looking at the initial trend, you will see that we have a break out in the trend. From a bearish 5 months - July to Nov 2021.
The crash became clear and significant on the 1st of December when the market fetched SL's.
Now enough on that.
We have a few confirmations.
1. Head and shoulder to form
2. OB between 27k to 29k (Banks buy on this level)
3. 2 months movement on the falcon trend lines. (Dec & Jan) - Downtrend (Feb & March ) Uptrend
The crash became clear and significant on the 1st of December when the market fetched SL's.
Now enough on that.
We have a few confirmations.
1. Head and shoulder to form
2. OB between 27k to 29k (Banks buy on this level)
3. 2 months movement on the falcon trend lines. (Dec & Jan) - Downtrend (Feb & March ) Uptrend
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