Hi FAAM, Blessings to you too! I think its very risky to buy-in before an upswing starts. I was waiting until tomorrow, but now that a fully engulfing red candle has formed, I am starting to doubt that I will enter. Of course, it is possible this could be the bottom due to severity of drop, just not sure. Stochastic has not gotten below 20 and started to swing back up, so will see when that happens---there could be further drops. Thought this might be a bull flag, but now its looking like a drop. The large engulfing candle has even broken below the mid-term trendline...not good.
We will see... meanwhile I continue to lose money as my Feb gains disappear. I may have no choice but to stay in now and add more to position when I see the bottom. I hope this works out for you... I do see others entering. Best wishes to you and everyone!
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