Congratulations if you managed to take a piece of the plunge. However, the broader structure hasn’t turned bearish yet — price is still trading within the bullish channel.
With the weekend approaching and ongoing uncertainty around the US–Iran situation, this could easily turn into a dump-and-pump (or reversal) liquidity cycle. Stay nimble (play small), protect capital, and be prepared for consolidation and potential manipulation ahead.
With the weekend approaching and ongoing uncertainty around the US–Iran situation, this could easily turn into a dump-and-pump (or reversal) liquidity cycle. Stay nimble (play small), protect capital, and be prepared for consolidation and potential manipulation ahead.
Success = Practice + Patience + Persistence
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