Hello and welcome ^^
So as we can see , last 2 weeks was bullish market . 2 green nice candles right .
we saw the first candle was the hanging man, and it came in a support area witch its mean a reflective candle ,then the second one was a big green candle .
Its all a good sine thats make us to be in a bullish market but , the question is ( Is it clear to go in now or this is a fake rise ) !!
To be honest the both answers are right .WHy ? let me tell you please :
I will make it simple and clean -
We can see the Head and Shoulders Pattern and if we really have it , So if you know this pattern comes in the end of the trend like , if we are going up and the Head and shoulder pattern comes so we are going down ,
and if we are going down so we will go up it is a ( Reflective Pattern ) .
So The target should be between 27 K to 28500 K , did we make it ? still no .are we going to hit it ? maybe not ^^ maybe the 33 k was enough .
In my opinion if we have a pattern the best thing that we complete it all , meaning we should hit the target so we become clear , not 100% that happen but at least 95 % should happen .
I think we will c a ltl correction because we still have like 5000 between 33 to 28 K , maybe we will not go down again to 32 if the bullish market really started , but will c a ltl correction this is in my opinion ^^ .
In the positive side we can see that we are moving in running flat pattern and the target will be almost 160 k ^^
So what should I do know ? do I wait for the correction ? or should I buy now ?
This is ur choice , u decide if its right time to go in or out , you have to find the KEY .
Let me tell you one thing ( entering with save point even if its ltl late , better than entering point with more risks ) .
There are always new chances in the market .
For me I think the KEY is 44 k , so if we close a weekly candle above 44 am in ,other ways i will try my best to catch as lower point I can ^^
Lets see what this week hiding for us hehe .
So as we can see , last 2 weeks was bullish market . 2 green nice candles right .
we saw the first candle was the hanging man, and it came in a support area witch its mean a reflective candle ,then the second one was a big green candle .
Its all a good sine thats make us to be in a bullish market but , the question is ( Is it clear to go in now or this is a fake rise ) !!
To be honest the both answers are right .WHy ? let me tell you please :
I will make it simple and clean -
We can see the Head and Shoulders Pattern and if we really have it , So if you know this pattern comes in the end of the trend like , if we are going up and the Head and shoulder pattern comes so we are going down ,
and if we are going down so we will go up it is a ( Reflective Pattern ) .
So The target should be between 27 K to 28500 K , did we make it ? still no .are we going to hit it ? maybe not ^^ maybe the 33 k was enough .
In my opinion if we have a pattern the best thing that we complete it all , meaning we should hit the target so we become clear , not 100% that happen but at least 95 % should happen .
I think we will c a ltl correction because we still have like 5000 between 33 to 28 K , maybe we will not go down again to 32 if the bullish market really started , but will c a ltl correction this is in my opinion ^^ .
In the positive side we can see that we are moving in running flat pattern and the target will be almost 160 k ^^
So what should I do know ? do I wait for the correction ? or should I buy now ?
This is ur choice , u decide if its right time to go in or out , you have to find the KEY .
Let me tell you one thing ( entering with save point even if its ltl late , better than entering point with more risks ) .
There are always new chances in the market .
For me I think the KEY is 44 k , so if we close a weekly candle above 44 am in ,other ways i will try my best to catch as lower point I can ^^
Lets see what this week hiding for us hehe .
Comment:
SO we are still waiting =)