>>21158040You can simultaneously read a chart and establish a pattern.
All of my previous indicators are collapsing on themselves, the swings have shrunk, a WTF moment is approaching.
Retail investors for the day have been shaken out.
Baggies have been ignored.
And big money has taken their scalps on millions and millions of dollars on both the rises and falls.
Now the indicators become hard to read, and given the current feeling in the market (UNCERTAINTY RISING)
I would venture to say it will crash.
Could it pump again and reestablish the pattern? Of course. That doesn't mean I'm going to fucking buy it right now considering if I zoom out it's a downward trend.
Might I swing it again when it moves dramatically either way? Sure
But for now, I read the pattern, and my position is CLOSED.
