Multiple high confluence trendlines intersecting
3 measured moves aligning
HTF HVN ledge
Liquidity gap below - price should at least begin consolidating if not outright bear market continuation
Trump scapegoat tweet for any stock market crash (twitter.com/realDona.../1086607079308251136)
Nordea Bank says high risk this bounce is a bull trap (e-markets.nordea.com/)
Conservative approach would be waiting for clear rejection before entering a position. Market may still attempt to reach for 61.8% fib level where another entry attempt will be made.
3 measured moves aligning
HTF HVN ledge
Liquidity gap below - price should at least begin consolidating if not outright bear market continuation
Trump scapegoat tweet for any stock market crash (twitter.com/realDona.../1086607079308251136)
Nordea Bank says high risk this bounce is a bull trap (e-markets.nordea.com/)
Conservative approach would be waiting for clear rejection before entering a position. Market may still attempt to reach for 61.8% fib level where another entry attempt will be made.