This is a scenario I've had in the back of my mind for a while now, sort of a 'naaaah that wont happen'
but as the crash accelerates downwards and leveraged longs still very high / sentiment still bullish in retail traders, it is becoming more likely.
Check the earlier fractal from 2017 highlighted on the chart. Its an ABC pattern with a particularly aggressive C.
If this scenario plays out it could be buying opportunity of the year.
but as the crash accelerates downwards and leveraged longs still very high / sentiment still bullish in retail traders, it is becoming more likely.
Check the earlier fractal from 2017 highlighted on the chart. Its an ABC pattern with a particularly aggressive C.
If this scenario plays out it could be buying opportunity of the year.
