A 20% short bull run(retracement) is expected.
After over 30% decline from last week high of $8.66.
We have been creating lower highs along the way.
For the new week, an entry after a double bottom or
lower low to retest the lows @6$ would be a great
opportunity to go long/bullish. Ensure to wait for
bullish confirmations on the lower time frames before
going ahead to take buys back to 7$.
Remember we are still bearish long term so taking
most profits at that level would be a pretty great idea.
If you ask me. 75% or more PROFITS would be closed
at that point.
Wish us a successful trading week ahead.
#$KC #Meekhill #Meekhillacademy #RICHMMDT
After over 30% decline from last week high of $8.66.
We have been creating lower highs along the way.
For the new week, an entry after a double bottom or
lower low to retest the lows @6$ would be a great
opportunity to go long/bullish. Ensure to wait for
bullish confirmations on the lower time frames before
going ahead to take buys back to 7$.
Remember we are still bearish long term so taking
most profits at that level would be a pretty great idea.
If you ask me. 75% or more PROFITS would be closed
at that point.
Wish us a successful trading week ahead.
#$KC #Meekhill #Meekhillacademy #RICHMMDT
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