We're in a tight falling wedge, and despite the appearance, there is no bear market.
Savvy traders make money during these times : we buy the fear and the bottoms, and we run it back up.
The invalidation is below these levels, but as you can see this area can be choppy. So manage your risk accordingly and don't fall for a scamwick.
Savvy traders make money during these times : we buy the fear and the bottoms, and we run it back up.
The invalidation is below these levels, but as you can see this area can be choppy. So manage your risk accordingly and don't fall for a scamwick.