Since the beginning of this rally,and me posting the chart of 70k the pattern forming now seems to be a terminal impulse of the 3 wave which will also mark the end of impulsive wave 3 and price is likely to fall to 61k to 57 k in coming days weeks or even months.
Since the overall trend is bullish the fall will be slower and corrective any which way you slice the cake profit needs to be booked immediately without falling in love with your positions for greater profits.
Since the overall trend is bullish the fall will be slower and corrective any which way you slice the cake profit needs to be booked immediately without falling in love with your positions for greater profits.
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moving as expected
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A minor up move is expected
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As preditcted the downwords movement is slow, but not yet complete