The bear market might have possibly began. The selling pressure is high and people have less hope in this market.
2nd point is that a break of this main support will confirm the head and shoulder and thus the trend reversal.
On my previous idea i had the idea of buying back at the main support. But for now, i switched my changed my mind because buying seems more risky with the current panic and fear going on.
I personally have a small short position set up at 19350 let's see how it goes.
Like and follow!
2nd point is that a break of this main support will confirm the head and shoulder and thus the trend reversal.
On my previous idea i had the idea of buying back at the main support. But for now, i switched my changed my mind because buying seems more risky with the current panic and fear going on.
I personally have a small short position set up at 19350 let's see how it goes.
Like and follow!
