okay, so it was the short scenario there was playing out. and i really didnt see that is was going to drop so much, but it did. and it´s just fine whit cheaper prices rigth ;) i was in a LONG position and got stopped out ( off course ) no need to cry abaout a loss. that´s just how a market works. if you can´t accept that, you will never be a trader.
i dont know excactly where the price are heading to. but i still think we ( in the big picture ) is very close to the bottom. but if we take a little look at the daily chart, we still got our bullflag intact. and inside we see a big ABC pattern. then we have an atempt to breakout, and then we was getting a WXY. now as i see it. we are just about to finish what in elliot theory is called a triple combo wave. (WXYXZ) i think we can begin to fill up the long positions in area ( 0.28800- 0.27200 ) Tand from there you should hold on whit both hands. but wee will see. the daily RSI is near 30. ( very oversold )
TRADE SAFE, DONT USE THIS AS A TRADING ADVICE.
i dont know excactly where the price are heading to. but i still think we ( in the big picture ) is very close to the bottom. but if we take a little look at the daily chart, we still got our bullflag intact. and inside we see a big ABC pattern. then we have an atempt to breakout, and then we was getting a WXY. now as i see it. we are just about to finish what in elliot theory is called a triple combo wave. (WXYXZ) i think we can begin to fill up the long positions in area ( 0.28800- 0.27200 ) Tand from there you should hold on whit both hands. but wee will see. the daily RSI is near 30. ( very oversold )
TRADE SAFE, DONT USE THIS AS A TRADING ADVICE.
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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.