morning,
overnight move looks really weak, unsupported by any volume what so ever.
looks like a short raid in my honest opinion - before continuation to the downside.
we need to break above 51972.93 to invalidate this bearish idea.
push through mentioned level, and that's when buyers would step in to take this to the next big level of 55k.
until we take out this key level, i've gotta lean towards more downside from here.
----
have a great weekend 💸
👇
overnight move looks really weak, unsupported by any volume what so ever.
looks like a short raid in my honest opinion - before continuation to the downside.
we need to break above 51972.93 to invalidate this bearish idea.
push through mentioned level, and that's when buyers would step in to take this to the next big level of 55k.
until we take out this key level, i've gotta lean towards more downside from here.
----
have a great weekend 💸
👇
Note
Might get the perfect algorithmic sell signal by tomorrow ;)it's not every day we get a setup this perfect. Time will tell though.
i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
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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.
i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
Related publications
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.