No changes since last udpate - just my belief has solidified that we continue chopping for a few weeks.
Scenario 1: (main) - We continue upwards and move level to level not giving sideliners an entry - Price has to move quickly over the weekend and into next week to make it happen
Scenario 2: - Wick down ~$65-66,000. Quick recovery - If we continue to chop this becomes more likely as positions are built up on either side of the range.
In my Opinion we see weeks of consolidation in a big range then up.
No changes since last udpate - just my belief has solidified that we continue chopping for a few weeks.
Scenario 1: (main) - We continue upwards and move level to level not giving sideliners an entry - Price has to move quickly over the weekend and into next week to make it happen
Scenario 2: - Wick down ~$65-66,000. Quick recovery - If we continue to chop this becomes more likely as positions are built up on either side of the range.
In my Opinion we see weeks of consolidation in a big range then up.