Right now, one of the scenarios that I think is more likely to happen is this. For this scenario to play, we need the price to remain stable until the macd gets us a long entry on the weekly time frame that would lead us to the peak of this cycle.
Although I'm finding it difficult to guess what the price is going to be doing the next couple of weeks, I'm expecting a bullish cross of the macd by mid-late august, with that being the thing will make me sure that the correction is over.
Although I'm finding it difficult to guess what the price is going to be doing the next couple of weeks, I'm expecting a bullish cross of the macd by mid-late august, with that being the thing will make me sure that the correction is over.