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We've followed major capitulations/reversals before such as April capitulation of 2013, July reversals for 2013 and 2017, September capitulations in 2013 & 2017, reversals in October of 2013 & 2017.
Will the November 9th capitulation be any different? I'm going to say probably not. I expect a 'scam-wick' down to anywhere from 56k to 47k before we finally make a significant move upwards that we've been expecting for November/December.
To see the patterns I'm talking about, refer to my related ideas.
Will the November 9th capitulation be any different? I'm going to say probably not. I expect a 'scam-wick' down to anywhere from 56k to 47k before we finally make a significant move upwards that we've been expecting for November/December.
To see the patterns I'm talking about, refer to my related ideas.
Transaction en cours
if we don't see any significant drop by the close of today, I'll be resuming my bullish trades particularly on far-oversold altsTrade fermée: ordre d’arrêt atteint
November 9th was definitely uneventful. I'm looking for that 25-30% correction either in the 70-80k area or at 100kNote
Tragic that the drop happened the day after... wtf
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