Expect sharp pullback when we bounce from the bottom of the falling wedge.
This pullback could be huge as when we had on Feb 6.
It could signify the end of correction as well.
Remember February. Analysts were calling 5k, so here we come.
The trading strategy is as follows, buy when it hits the bottom of the falling wedge.
Then see what happens, if it keeps going higher, just keep it.
If the breakout is weak, you can sell it but you are still profitable.
This pullback could be huge as when we had on Feb 6.
It could signify the end of correction as well.
Remember February. Analysts were calling 5k, so here we come.
The trading strategy is as follows, buy when it hits the bottom of the falling wedge.
Then see what happens, if it keeps going higher, just keep it.
If the breakout is weak, you can sell it but you are still profitable.