I have to keep reminding myself that these setups should run for quite a while, so in the grand scheme of things I'm probably better off buying on confirmation (BGB above trend line etc. etc.) at 3c rather than looking for the bottom at 1.5c. While it would be nice to be up 100% before the move begins we more often than not, end up in a situation like this one!
I'm still not convinced it won't go lower though, if there isn't any buyers coming in over the next week I wouldn't be surprised to see them have a crack at getting it lower, somewhat of a capitulation bar, but we'll see, it's already stretched.
@W3hunter
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