1 hour bull flag... I might adapt to bull bias.
Part of being a good trader is to recognize when you are wrong, and adapt accordingly.
It's been a wild ride this month, and I have stayed bearish the whole time... until today when I became neutral. But should I just go against my gut (for now) and go bullish? I'm thinking so. At least in the short term ( a month or so).
I still think a good size correction is overdue, and I still think the trade war has no immediate end in sight. Ultimately, I believe the trade war is what will spark a big move down. Not recession big, but big enough. If I'm wrong, so be it.
It's been a wild ride this month, and I have stayed bearish the whole time... until today when I became neutral. But should I just go against my gut (for now) and go bullish? I'm thinking so. At least in the short term ( a month or so).
I still think a good size correction is overdue, and I still think the trade war has no immediate end in sight. Ultimately, I believe the trade war is what will spark a big move down. Not recession big, but big enough. If I'm wrong, so be it.