Only bearish after breakout. Sell the continuation should one occur. It is what I am expecting next week. New highs will target the .5 fib level (solid line on chart).
Note
Breakout complete! Sell the continuation. Don't be too hasty, wait for the right entry. Huge R/R is possible. Be conservative: If price becomes bullish, exit. Otherwise, ride it lower. Cheers!
Note
Following anticipated price action absolutely precisely
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.