If bullish scenario occurs, it looks like it’s going to retrace and invserse prior price movement
![If bullish scenario occurs, it looks like it’s going to retrace and invserse prior price movement](https://ussnsimg.moomoo.com/feed_image/70498940/cd8367e8686033538b3def2df4673ce8.jpg/bigmoo)
I should also mention, I don’t think it uptrend will begin until that light blue line I pointed to, Reaches the current cost….. but not 100% as this is a different scenario than the norm
![If bullish scenario occurs, it looks like it’s going to retrace and invserse prior price movement](https://ussnsimg.moomoo.com/feed_image/70498940/46bdc360f5173c499900eb41c18423c8.jpg/bigmoo)
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Dont chase high : How much
RIPPER OP Dont chase high : My crystal ball is empty.
If an uptrend begins, then maybe I could give a hazy guess but definitely not until
Dont chase high : Hope it will rise back to 1.5
RIPPER OP : Like I just added in the topic, I do not think an option will begin until the MA250 on the one minute scale reaches the movingcost line
RIPPER OP Dont chase high : If it’s going to have a significant rise I can definitely see that happening.
Dont chase high : Hoping for a rebound
RIPPER OP Dont chase high : I don’t know why, but for some reason the Translate button is not available for this comment
Dont chase high RIPPER OP : revolt
RIPPER OP Dont chase high : Haha revolt? That’s what it’s all about my friend. That’s a risky comment to type if you are located in the red kingdom
RIPPER OP Dont chase high :
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