Here's what I think may happen. I will be opening longs if/when we go sub 7600 again. If we break straight up from here, I will be waiting for a pullback/bear flag to form in order to find entry. Patience is key.
Hello,
Noticing a head and shoulders pattern start to form on BCH 15 min. Stoch RSI also just about to enter overbought zone. We've seen what this leads to the last month or so, and it should result in a dip. Bounces getting weaker. If 784 breaks, the upward trend in broken. You may want to wait until we hit 783 to open a short. Potential completion of H&S in 723...
