Sometimes, it's best not to trade.
While the longer trend is up, but the recent spikes down are filled with angry sellers.
It could be the end of the trend.
If so, the buyers will be very aggressive to defend their position.
That's precisely what we are seeing in the market for the past two weeks.
So, prefer not to trade until it's clearer.
While the longer trend is up, but the recent spikes down are filled with angry sellers.
It could be the end of the trend.
If so, the buyers will be very aggressive to defend their position.
That's precisely what we are seeing in the market for the past two weeks.
So, prefer not to trade until it's clearer.