Hey mate,
I've been reading back through your posts on this thread over the past couple weeks. There's still another weekly gap to fill before getting too bullish...
Sometimes people overlook TA, the more you complicate it the more you over think it.
Why not wait for the other weekly gap to fill just below $16 and then wait for confirmation on a reversal?
You're cooking it way too much and confusing everyone, keep it simple. The reversal last week you called was wrong, I don't think it's bottomed yet. Even if it has bottomed, I'm sure you'll see it consolidate and then grab some liquidity before the longs.
Just my 2 cents.... I could be wrong too, time will tell won't it?
FMG Technical Analysis, page-11479
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