My trend lines are from weekly time frame that took reference from multiple year's price action swing points.
Price here has broken the light green line, it's now near the dark green line where it will take support.
I am waiting for price to reach red line but not in coming weeks. Price likely to go up sharply again before being rejected and crashing.
I hope some institutions will push the price upward now for liquidity, accumulate short positions and let the market crash post election result.
Price here has broken the light green line, it's now near the dark green line where it will take support.
I am waiting for price to reach red line but not in coming weeks. Price likely to go up sharply again before being rejected and crashing.
I hope some institutions will push the price upward now for liquidity, accumulate short positions and let the market crash post election result.