This bullish scenario is only for reference, I do not consider it the most likely outcome.
For the bulls to turn this into a recovery likely need to see only brief consolidation before continuation.
As much as this is a case for the bulls it is a cautionary message for the bears. Trade with a open mind and remain protected at all time if the bulls got momentum it may happen quickly once shorts start covering and fomo from those left behind sets in.
For the bulls to turn this into a recovery likely need to see only brief consolidation before continuation.
As much as this is a case for the bulls it is a cautionary message for the bears. Trade with a open mind and remain protected at all time if the bulls got momentum it may happen quickly once shorts start covering and fomo from those left behind sets in.
