This bad boy is still in melt uptrend for sure, but the recent Bear candle is getting more interesting.
It shows the likelihood of bear forces at play. It caused a strong wick/pin on the daily candle.
I am expecting a sell down (or) at least a pull back pretty soon.
We will need a bad news/events to trigger.
So. I am slightly Bearish right now.
Trade Safe,
s0nic
Disclaimer :
This analysis is purely my personal feeling/opinion.
This should not be considered as trade call.
Money can be won, but money can be lost during trading. Please do not treat trading lightly.
So, I advise you to do your own due diligence before entering any trades.
It shows the likelihood of bear forces at play. It caused a strong wick/pin on the daily candle.
I am expecting a sell down (or) at least a pull back pretty soon.
We will need a bad news/events to trigger.
So. I am slightly Bearish right now.
Trade Safe,
s0nic
Disclaimer :
This analysis is purely my personal feeling/opinion.
This should not be considered as trade call.
Money can be won, but money can be lost during trading. Please do not treat trading lightly.
So, I advise you to do your own due diligence before entering any trades.
Telegram: t.me/sonictraders
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