Morning Traders,
As we saw yesterday we were too early to the run to the 50k level and consequentially the 1.5tr market cap.
I have marked out and illustrated how i see price action playing out, I will be watching structure to determine how we progress.
The Illustration suggest we will get a compression on volatility which leads to an expansionary move to the upside.
How I will determine if this is the case, I will be watching for fractal nature.
overall still macro bullish for now.
what's your thoughts guys, agree disagree?
As we saw yesterday we were too early to the run to the 50k level and consequentially the 1.5tr market cap.
I have marked out and illustrated how i see price action playing out, I will be watching structure to determine how we progress.
The Illustration suggest we will get a compression on volatility which leads to an expansionary move to the upside.
How I will determine if this is the case, I will be watching for fractal nature.
overall still macro bullish for now.
what's your thoughts guys, agree disagree?
