We have a bullflag, which if it executes still does not break the bottom of the cloud. If we turn south from there I see $5600 USD. If there is sufficient volume at the top to get into the cloud following that flag, we go into an 8-10k channel. If not the corrective channel is gonna be 6 to 10K.
Of course this assumes there is not some massive manufactured bad news to release at the start of the next downleg, orange or purple. Always gotta worry about timed bull****, right?
What do you see?
Of course this assumes there is not some massive manufactured bad news to release at the start of the next downleg, orange or purple. Always gotta worry about timed bull****, right?
What do you see?