Hello guys! Previous iH&S played out perfectlly. If this H&S playes out we would fall into a perfect iH&S on a bigger time frame.
Check pic 1 H&S
Check pic 2 iH&S updated
Check pic 1 H&S
Check pic 2 iH&S updated
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We went down pretty hard in the past few hours. Looking to bounce somewhere around 10350-10100 range. I will not be surprised if we rise again from that point or drop even lower to high 9k and then bounce back to around 10860$ range, I expect a fall when we reach that point...
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as of now, its playing out pretty perfectlly! May also be forming a small H&S here...I am adding to the short at around 10790 if it plays out...
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for now the big picture is playing out almost like a prediction of the future...
Who ever shorted this must be feeling great! I know I am!! Closing my short around 9.2k mark, but we could go down even further to 8.8k...
for now the big picture is playing out almost like a prediction of the future...
Who ever shorted this must be feeling great! I know I am!! Closing my short around 9.2k mark, but we could go down even further to 8.8k...
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Looking for the reversal when RASI 4h will be under 30 and dailly should be bellow 40...we have some more hours maybe days of overall down movement...
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I have my order in...
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If now iH&S plays out we should reach 14k, which would mean we are out of the bearish trend and full bull mode. Be aware of the next points 10.120$, 11.200(the trend line from the fall before xmass), if we breach that is 11.8k, 13k and 14k are the targets if iH&S play out!
Here is my dailly chart if we get rejected by first two points:
If now iH&S plays out we should reach 14k, which would mean we are out of the bearish trend and full bull mode. Be aware of the next points 10.120$, 11.200(the trend line from the fall before xmass), if we breach that is 11.8k, 13k and 14k are the targets if iH&S play out!
Here is my dailly chart if we get rejected by first two points:
Correct the bottom line, I think it looks better.