1 for the bears
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Pretty damning price action evidence that we have a 1:2 scale version of 2013's bull market into bear market at play.
We've hit some key fib milestones along the major wave as marked by bullseye icons.
If we can't get back above the 0.5 fib, I might just side with the bears.
Cautious until we get above it.
If we get above it, I think it'll get out in a hurry.
Please see related ideas for my favorable bullish takes.
We've hit some key fib milestones along the major wave as marked by bullseye icons.
If we can't get back above the 0.5 fib, I might just side with the bears.
Cautious until we get above it.
If we get above it, I think it'll get out in a hurry.
Please see related ideas for my favorable bullish takes.
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Crossed 0.5 fib - my line in the sand when distinguishing between the bear market of 2013 to our current price action.
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