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Margin Analysis

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This is a continuation of previous margin analysis where I think the 4th is over and market should now go bullish. The bearish path still can happen but this analysis is bullish focused on a possible 5th wave.

註釋

Market still going down while Margin trade is going bullish

註釋

Looks like we got a double top for Margin trade as Price action is in divergence with leverages. Basically the price is very close to what was on previous low but with a lot more leverage. It is very dangerous for bulls who could get engulfed. It make it's top right at 1.0 Circle fib, so there is a chance leverages got reduced here on the bull side. Price action on the other hand got triangulated on preparation for the next big move.

註釋

Bulls are getting margin called or what looks like tremendous reduction on long margin positions

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Bull margin already starting to rise again !

註釋

Looks like a double bottom here