there's that right shoulder

we saw this one coming. sure enough, that's looking like a right shoulder to me. the caveat being that we just got rejected by the long term bull trendline (white line).

i don't have time to trade this, but i would be looking for a better entry probably. maybe closer to 34k.

stop below the right shoulder, closer to 33k.

i still think we should trade with the mindset that 25K is just as likely as 45k, so i would continue taking modest profits and/or using a trailing stop.
Chart PatternsSupport and ResistanceTrend Analysis

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