DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make your own decisions and be responsible for your own investing and trading Activities.
Mate check the patterns on the long term charters. Right now they are in charge:
See the candle of the 25/26 are engulfing (1D). It is a red flag for incoming drop. There is a big possibility of fall down. You can find on the 3D frame the inverse Candles located on the 16/19 of April also a red flag for more dropping and for the 1W you can see the infamous Gravestone candle located on the 18th of April. The higher time frames are in the lead and more dump is ahead with a high probability. The SAR indicator is showing that the candles are scratching the down limit (1W). With most certain, the fall isn't over yet.
go8686
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@GodVault, Thank you for the details of your thoughts! Appreciate it.
See the candle of the 25/26 are engulfing (1D). It is a red flag for incoming drop. There is a big possibility of fall down. You can find on the 3D frame the inverse Candles located on the 16/19 of April also a red flag for more dropping and for the 1W you can see the infamous Gravestone candle located on the 18th of April. The higher time frames are in the lead and more dump is ahead with a high probability. The SAR indicator is showing that the candles are scratching the down limit (1W). With most certain, the fall isn't over yet.