Am expecting a big sell off tonight hence am writing this idea a bit early cause I don't want to miss it when it's time.
You guys really should stick with the trend. I see a lot of people in the chat getting bullish over a correction unware of he bigger picture.
In short todays weekly close is an investors nightmare as if the monthly close wasn't enough.
This thing is poised for 47-45k been calling it all along.
And tonight in an hr or 2 I expect it to fall from the sky. I just hope it corrects a bit higher for me to get an entry cause I ain't gonna short it from here even though it looks like it can fall any moment now.
Conservative target is $56000 for now. All the way down to $54000. These targets aren't set in stone. My tp will be open unless am going to bed. If its falling I want to catch majority of the move before taking partials.
You guys really should stick with the trend. I see a lot of people in the chat getting bullish over a correction unware of he bigger picture.
In short todays weekly close is an investors nightmare as if the monthly close wasn't enough.
This thing is poised for 47-45k been calling it all along.
And tonight in an hr or 2 I expect it to fall from the sky. I just hope it corrects a bit higher for me to get an entry cause I ain't gonna short it from here even though it looks like it can fall any moment now.
Conservative target is $56000 for now. All the way down to $54000. These targets aren't set in stone. My tp will be open unless am going to bed. If its falling I want to catch majority of the move before taking partials.
Note
I expect the market to start breaking back down now. But if we do continue up a bit more I think no higher than 61k area. Then big dump. Everyone is bullish again typical. We are still bearish on weekly and daily. As of now this is just a correction to continue lower and a lot of people who have targets too high who are in longs now are gonna get trapped most likely.
Note
Wanted to long just now but its too . Come back tomorrow morningDisclaimer
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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.