Wow! What a difference a day makes! I was down big! Not really percentage wise, but money wise. Looking good today! Although I still haven't cashed out. Looking for one more uptick here soon. I have tightened my stop loss, so things are good! I've been rather bearish, after seeing that rejection from the trend-line yesterday I have come up with a count that is rather bullish. For a while now we have been trying to determine if we are in a a wave 3 or all 5 waves are done. The truth is until we drop under $9100 wave 3 is still very much in play. The only thing that I don't like about this count is the shape of the triangle, as it is making more of a descending triangle. Which normally leads to lower prices, but we have been making higher lows for a while now. Ok here is what I see.....
https://www.tradingview.com/x/Ky7K0XOw/
https://www.tradingview.com/x/SEclT7sd/
Ok let's look short term.......
https://www.tradingview.com/x/axRbTGP8/
Big moment between these two red lines. I'll probably have a sell in because I will be at work, but if we break the upper trend-line we could see prices as high as 12k, break the lower and we are looking at 8.5k! This is not financial advice! This is more of my trading journal than anything! Good luck and Good day!