So far, this bearish gartley harmonic has been accurate to the relative tee. I assume now, we reject around the 48k area, and push further back down to retest trend... This to me, would confirm a bear market for quite some time 6-12 months is possible. If we look at VWAP and Daily/Weekly/Monthly supply levels, we should reject.
We will find out soon.
If you haven't longed I would not enter any trades here. If you are looking for an entry. I would short if we reject of the 48k level, and reclaim the D3 Supply lows... thats where I would enter a short.
Patience Pays
We will find out soon.
If you haven't longed I would not enter any trades here. If you are looking for an entry. I would short if we reject of the 48k level, and reclaim the D3 Supply lows... thats where I would enter a short.
Patience Pays
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