YM Daily Analysis On the 3rd push up. Bull Market Finished
Zoomed in closely on the Daily chart, price is now on its final third push higher into MAJOR,MAJOR Channel resistance with not very much room left to go.
I have been saying February 13th as the top and so far it is playing out nicely. I am already short at 38,760 since the near close of yesterday. I am a bit early but not by much. I decided to go with it since I am extremely confident in this trade. From 38,900 down to 21,500.
On the weekly, this week is forming a bull hammer up in space, a key sign of a reversal. The tail portion of the bull hammer when up high is fuel for a long squeeze.
The target area is the monthly rising 200sma at demand, price area 21,500-23,000
I have been saying February 13th as the top and so far it is playing out nicely. I am already short at 38,760 since the near close of yesterday. I am a bit early but not by much. I decided to go with it since I am extremely confident in this trade. From 38,900 down to 21,500.
On the weekly, this week is forming a bull hammer up in space, a key sign of a reversal. The tail portion of the bull hammer when up high is fuel for a long squeeze.
The target area is the monthly rising 200sma at demand, price area 21,500-23,000
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.