Bullish scenario will take us out of the channel to the upside and possibly create a head and shoulders pattern which can bring us to the 35k level.
Personally i am mostly bullish at the moment myself, but it bothers me a bit that we didn't take out liquidity above 32.7k, does it matter?
A good entrance for this setup will be 28.5k - 29k idea rejected if we break below 28k.
Bearish scenario will take us down below 28k and continue towards and most likely past the last low. There is a small support level at 22-24k which I personally doubt alot that we will take out allready.
A good entrance for this one is harder at the moment, but it might be a retest on last days low.
What are your idea about this market, are we bullish or bearish? Leave a comment with your thoughts and ideas
Happy trading
Personally i am mostly bullish at the moment myself, but it bothers me a bit that we didn't take out liquidity above 32.7k, does it matter?
A good entrance for this setup will be 28.5k - 29k idea rejected if we break below 28k.
Bearish scenario will take us down below 28k and continue towards and most likely past the last low. There is a small support level at 22-24k which I personally doubt alot that we will take out allready.
A good entrance for this one is harder at the moment, but it might be a retest on last days low.
What are your idea about this market, are we bullish or bearish? Leave a comment with your thoughts and ideas
Happy trading