And what might that understanding be? Understand how to read what was written?
While the target is next resistance, watch for any gap fill basing to continue. If it retraced from fill. EXIT and re-enter on continuation. There is not a straight shot to .0027. Protect gains, if needed.
It did not base at gap fill and it did retrace. So you should have EXITED. Can't say it any plainer.
And Yes this pop could very well be an attention geting pop for a larger darkside play later. Next target after gap fill was .0027 and MY opinion was wrong. Not the chart evaluation. Your name fits, my friend.
Watch what happens to the new gap from .0008 to .001, where I expected retrace to stop. That could be the real retail mindset for retrace level. If the emotion gap down didn't happen. It is very possible price will revist there before .0003
AI
