Ema retest coming now. Market will always respect the emas first before any confirmations on direction.
By waiting we make sure that we are trading the trend and not guessing. Once we test bulld have another chance of taking control here back above 83k but any retest and rejection with wick low loss is bear confirmed and we short.
Keeping it simple for now and watching retest.
Post #16860
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Pingu Charts M formation complete and bottom of moveset tested. I was expecting 79.9 but 80.2 close enough. This is not a long though waiting for emas retest as they are leveraged bulls need to overcome them and we can focus on a v shape recovery otherwise If we test…
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