Unfortunately a lot of what I've posted recently is on Twitter, most of my bullish reasoning is there.
I believe we will hit the Schiff Pitchfork median from here. Consolidation above the previous month's high and above the Fibonacci R1 pivot is extremely bullish. Fishnet trending upward. That said, my main take profit is at $10,400 and I also have short entries there as well. However, I will long still and continue building a short position to hedge up to $11,000.
Area of interest to short:
$10,500 - Area before high volume VPVR node + monthly R2 Fib. pivot + Schiff pitchfork median
Not $11,700 - VPVR gap + stop run on those shorting the "top"
I believe we will hit the Schiff Pitchfork median from here. Consolidation above the previous month's high and above the Fibonacci R1 pivot is extremely bullish. Fishnet trending upward. That said, my main take profit is at $10,400 and I also have short entries there as well. However, I will long still and continue building a short position to hedge up to $11,000.
Area of interest to short:
$10,500 - Area before high volume VPVR node + monthly R2 Fib. pivot + Schiff pitchfork median
Not $11,700 - VPVR gap + stop run on those shorting the "top"
My published indicators: www.tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)