IF we bounce on the bullish support it is usually a big move - like a tennis ball hiting a wall. So the triple top breakout is almost guaranteed providing extra fuel to the rocket.
What can be more bullish?
This:
What can be more bullish?
This:
Not so long ago bullish catapult was wrong...
Seems to me that you guys figure out what's going to happen half of the time, and half of the time you're wrong. I've been following this and other speculation threads were a consensus forms on what will happen next and the predictions are wrong just as much as they are correct. Which reminds me of weather forecasts.
What I speculate <> on what the chart say - the chart is clear since the triple bottom break. SELL/SHORT.It confirmed again the bearish scenario when it broke the bullish resistance while forming the triple bottom break to an even stronger catapult.
BEAR trend again!!!
Both in HL AND CLOSE.
No longs. Short the resistances. Maybe short some double bottom breaks. Close shorts at double top breaks.
Sub 200s?
Both in HL AND CLOSE.
No longs. Short the resistances. Maybe short some double bottom breaks. Close shorts at double top breaks.
Sub 200s?
What do you not understand?
This is what PnF tells you. The rest was SPECULATION from my side (probably I was wrong - deep inside me I am still a foolish permabull).
P&F signals are clear because are a posteriori. This is a momentum method. Go and do some research mate..