Bip Buyers Have Not Been Rewarded
Dip buyers have not been rewarded in this sell off thus far. Every pop has been sold on larger time frames, and I believe there is much more correction ahead of us from a technical standpoint. The Golden Golden Pocket seems like an appropriate level to retrace to. We still have rate hikes, global turmoil, and I don't believe panic selling has set in yet. We could very well chop around here for months on end, but I don not see a compelling reason from neither a technical or fundamental standpoint to push this thing back up to ATH's.
Until we see meaning trend changes on larger timeframes, I can not be bullish.
Until we see meaning trend changes on larger timeframes, I can not be bullish.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.