CHZUSDT Short Term Possible Scenarios (15 MIN)
Successfully shorted got in got out with decent profits earlier today on CHZ . I re-entered in the afternoon only to realize that depending on what the market does, this thing could easily short squeeze cascading liquidation pump upwards one more time. I've pulled out of the market completely at this point and am monitoring how things will go over the next couple of days into our typical Thursday turnaround.
If we consolidate and go bullish tonight through tomorrow (Wednesday) that marks 3 days in a row M/T/W bullish and I would then be looking for any significant big last impulse upwards Wednesday to then open minor short positions at the top leading into Thursday trading hours.
If we consolidate and go bullish tonight through tomorrow (Wednesday) that marks 3 days in a row M/T/W bullish and I would then be looking for any significant big last impulse upwards Wednesday to then open minor short positions at the top leading into Thursday trading hours.
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