How to trade this?
1. We are under a big red , any bounce up to this cloud (which would put us back up to $13,000 is probably a bull trap, DON'T BUY IN)
2. I expect a final correction wave to take us down to $8,500 major , set some buy orders here.
3. If this does pan out, I would take profits back at the $13,000 range and wait for direction.
Stop Loss: $7,650
Comments or questions? Feel free to ask below!
I'll be updating the chart as this pans out.