I don't really follow all technical analysis methos. How I do my predictions is based mostly on psychology. Patterns that look like they would repeat - but go the other way around just to form nice traps. And such. I do my chart analysis based on how I feel what could be right and so far I have been correct quite a few times. Not always being like 1min chart correct, but I'm okay with it. Enjoy my next prediction and take care of your money! If I am correct here, the following hours could get very very hard to do highly profitable trades with. I only see small buy & sell space to trade with in this longer drop scenario.
Oh and by the way: My bear avatar doesn't mean I am always bearish. I'm bear / bull whatever the direction the charts go. Feel free to paste in your chart predictions in the comments!
PS: Why is there no "psychology" category in the dropdown menu
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