​So far this version is still in play. So from the 3 version, there are 2 left. As mentioned, the only bullish mid term version was this bull flag version.
So from what I think, it’s either a simple continuation of the drop or it becomes that bear trap move and coming day or 2 we are back at like 11.800/12.000, than the bullish version will become very likely, if we like make a small bull flag in that zone.
To be able to judge if that is possible, we need to at least cross the current 11.400/50 once. Until that doesn’t happen, we need to assume we have a bear flag at the moment. So if we cross that, there will be room left to move up and down a bit in the 10.800/11.500 range even.
I am still in favour of a bearish outcome, coming period. If we reach 11.800/12.000 I will go close to neutral again. Above 12.500/13.000, will (prob) accept my bearish view is wrong along with my assumptions
ߋ botje11