99% of traders will get wrecked by this chart, but I see the real trap!
I am going short on $BTW
right here. It hit a peak at $2.68880 and failed to sustain, now dropping down to $2.4113. Everyone buying this pull-back is catching a falling knife. Volume is weakening and a drop back down to $2.04 is imminent. Smart traders sell the weakness!
I am going short on $BTW
right here. It hit a peak at $2.68880 and failed to sustain, now dropping down to $2.4113. Everyone buying this pull-back is catching a falling knife. Volume is weakening and a drop back down to $2.04 is imminent. Smart traders sell the weakness!