If you look at the chart, there is a clear bear flag formation. When you combine that with the blow off top and the cme futures gaps to be filled. This is going to be an easy ride down to 8.5k. Currently we see support and resistance provided by the EMA ribbons.
Note: new to trading, just figuring these patterns out, don't make trades using this.
Note: new to trading, just figuring these patterns out, don't make trades using this.
Comment:
its a bear trap!
Comment:
bear flag still in play, these bulls are scary!
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update:
