Only one day might be sometimes the border between the cycles!
What a DAY was yesterday! The absolutely critical edge of decision taking by the market happened @15820. All was important to the "guys from the hills" - the depth of the attack and relevantly the position volume…and might very well be even the date 22.11.22. So as of today the picture has significantly changed. The price behaves in a such way that the market seems to be confident to trap the bears not only lower the passed 16300 level but lower already the not so distant 18K. We also need thinking of the possible next step as well - a vast "sweet zone" trap below 25K with a profit target @34K as the result of the 5th Bill Wolfe's bull pattern wave. Enjoy our graphs as well as another, hopefully, marvelous Trading Day!