This set up concerns me so much that I am considering reducing my position again by -20% to just 20% of my original position.
All indications are point to me that this is in a vulnerable position and the likely scenario is a strong pull back to the white fib levels as shown.
I have made strong profits here over the last 12 months, even if this goes to $100 (which I don't think it will) the risks are too high right now.
Federico Salerno
2024-12-30 14:27:28 +0000 UTC