Not enough time to explain this one thoroughly, but I noticed the majority of tradingview ideas are long. There's a high number of oscillators showing bearish divergence with price action on the above daily chart following the 'incredible sell' signal.
On each occasion price action corrected at least 50%.
If you're well into profit now is the time to protect them.
WW
weekly chart
Trade active
Price action becoming very bearish (as is dollar chart):
1) Bearish engulfing candles. 2) Pi-cycle top alert (look left)
Trade active
Down almost 50% so far. A break of market structure is confirmed.
Trade closed manually
Despite the continuing broken market structure and 75% correction a trend reversal is now highly probable.
On the 2-day chart below a bullish divergence is printing following a 'incredible buy' signal.
Allow 3-6 months on ideas. Not investment advice. DYOR
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