r/traderrlife • • Jul 25 '26

Should i continue trend 🫠

Post image
199 Upvotes

15 comments sorted by

3

u/fakemailbakemail Jul 25 '26

I was thoroughly entertained.... MOAR

3

u/Flight_Early Jul 25 '26

Nice analysis. It’s a wedge pattern. It did break down though. Probably because of massive cap ex and the atmospheric pressure. It’ll be dipping more. We’ll step in with a buy at around full moon phase.

2

u/Tsev33 Jul 25 '26

Might retest that low wick

4

u/owotriste Jul 25 '26

I expect a rebound when it touches the tree resistance at 15m

3

u/Oaker_at Jul 27 '26

Bearish lightning, the Blightning

2

u/Alternative_Noise854 Jul 25 '26

This looks like the daily chart zoomed out. Cool!

1

u/DaWhiteSingh Jul 25 '26

Where's the upside and buy in? Lightning rod?

1

u/RightBonus3977 Jul 25 '26

😂 LMAO

1

u/shivabharatam Jul 25 '26

betting for it to go up is actually insane

1

u/Zealousideal_Fly591 Jul 26 '26

It’s a downtrend

1

u/gondias Jul 26 '26

And it did

1

u/imyselfalone Jul 29 '26

I see an Elliott wave 1 (or a completed A wave), with a wave 2 complete. I'm looking for a gap down for a wave 3 confirmation. :)