After Catching an 1100% Move (100x leverage) from 6800 to 7700, we now wait for one final retracement before hitting my long term weekly target of 8K.
Im expecting a retracement to about 7120-7150ish before our last leg to the upside --> 8K
From there we will make a weekly lower high in confluence with the 50 EMA, the weekly 61.8 Fib, aswell as a key liquidity area. From there I expect a dump to about 2K.
Will cover the big short call in the coming week or two.
Cheers.
Im expecting a retracement to about 7120-7150ish before our last leg to the upside --> 8K
From there we will make a weekly lower high in confluence with the 50 EMA, the weekly 61.8 Fib, aswell as a key liquidity area. From there I expect a dump to about 2K.
Will cover the big short call in the coming week or two.
Cheers.