It's time to zoom out

Euphoric finish on the super high timeframe charts here. One hell of a year we've had.

This is my opinion on how euphoric trends finish. You can see similar logic in the comments of my linked article on the oil market bottom in 2015, and also the comparison chart shown here. When a trend compresses and becomes crazier and crazier... that's the candle you're looking for.

Though being real, I've been bear for quite a long time on this market. Bit too early, #weakhands. But this is just ridiculous. We need to cool off for a while. Not to mention end of year positions closing.

تعليق:

This is the kind of example I've had in the past on the structure of falling wedges and euphoric finishes for markets.

تعليق:

تعليق:

This chart is aging well.

Dip buyers should start preparing.

تعليق:

s3.amazonaws.com/tra...shots/l/LcKUqbLJ.png

7000 to watch

تم فتح الصفقة:

Buy the dip, average down your spot buys. I'm 50% deep

تعليق:

80%

تعليق:

100%

Margin long capitulation is all I'm watching now

Price is in freefall, capitulation candle. Shit is getting spicy

تعليق:

Daily close looks promising. Record 1D volume on all exchanges, green hammer seems probable. Choo choo.

تعليق:

$1500 in profit, took off a third of the posistion

#weakhands

تعليق:

50% scaled out of the posistion, daily RSI has broken out, quarterlies out of sellers after closing into the margin short liquidation.

Let's goooooo

تعليق:

75%

أغلقت الصفقة: تم الوصول للهدف:

#weakhands

All out, thanks for the ride.

تعليق:

hmm