#review
We went out on impulse. They went to the side. A quick change after taking off your shorts - correction in the “cold shower” style. Planting shorts. Continued growth. End of review 😃
Did you want dry arguments without emotion? No problem 😉
In principle, by and large, this is what the vision of a local picture is
The "Bart" pattern, which appeared as a joke and turned out to be effective
It is logical to have a small overshoot in order to take out shorts who want to play on the correction, and a sharp plunge into a wide range of 30000-31200
Instant activation of the bears, who are still in shock from what is happening, but who will perk up as they approach 30K and start talking about the “dead cat bounce”
Registration of a cascade of liquidations of these same bears, which will lead to continued growth and a true entry into the range of 36-40
At 36+, these same bears will finally change into bulls.
36+. Maybe 40, maybe even 42. The main thing is 36+. This is where the bacchanalia begins
This will most likely be the final distribution before the mid-term dive
All this movement of the cue ball will be accompanied by an increase in alta. And I consider the current pullback in alts to be only corrective, there is still potential there and quite good
To summarize - locally on the cue ball, for me, the scenario would be clear and logical in order to give a small local overshoot (35200+), then plunge it into correction (30000-31200), and continue growing from there
Альту на плечах размотает, spot v priorities
This scenario is not an argument for shorting, the main message is that if we see a correction plus or minus as expected, take advantage of the discount as an opportunity to enter
If the scenario is implemented and confirmation is received, then the alto should be selected from the correction with the shoulders
But not just any viola
Which one? I will tell you in the following posts. Or tell me what you think about, we’ll discuss it together and think about it
Peace, profit and green PnL to everyone
https://www.tradingview.com/x/UwjIW4wY/