does it look good enough to go down side ? - Yes , looks perfect should i sell now ? - not yet wait for confirmation , if you go agressive you should get ready to loose some Should i buy ? we broke the resistance !? - no , nooo no and no buying here is risky , wait for a flag to confirm more up move , if not stay away untill confirmation
ps: just a perspective , do not copy /// this is not a finanical advice
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update 14/12/2022
price is at 17880 , we have high chances to break the 18000$ but still no fomo nothing is confirmed yet , we can just break and completely reverse ! traders could get stuck in that area ... for long time i will be thinking of long position only if we clearly break 18200 $ ( stongly ) and we stay in that range correcting for enough period of time ( not 1 or 2 candles , lot more )
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update 16/12/2022
now just move stop loss to break even + few pips ... and relax :) chilling time
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it's ranging between 16925 $ and 16550 $ , a correction for more downside maybe we hit 16250 $ area tonight or tomorrow no reversal yet as it is ... i dont recommend any long position trade carfully , tomorrow might be very red
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Position closed 16300$ , the pull back was deep So maybe it's a start for bigger correction or a spike to breat the top again for one last time and liquidate trades ... Manipulation time Move your stops to positive or break even , if it stays correcting down your stop loss that's good , if it spikes we will go short again and take the same move downside
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looks like we still have a correction , same range since 19/20 decembre market could be very volatile but no fomo , we wait for a good opporunity nothing confirmed yet (buy/sell) just stand by
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carfull once we break 17061$ ... around [17100$ ... 17200 $ ] area we complet the regular flat to break the low again ( first target at least retesting 16250 , or even 15500$ )