looking for possible long here
Updated
We are still following the downsloper but coming up on three major supports: the uptrendline from the rally going back to january, the lower TL of the big falling wedge and the horizontal support off the 45.80 area). Also price action is becoming wedge-like and squishy. If we bounce back and retest i might become a buyer here. Prerequisite would be a zoom and succesfull retest of the (small) falling wedge upper TL.
Comment
broke wedge now waiting for rejection by median line to buy around 46.10Trade active
order filled 46.05 , sl 47.75, shooting for 49Trade active
almost vertical move up seems unsustainable to me move stops to 46.65 (was 45.75 not 47.75 #typo)Trade active
move profit stop to 47.33Trade active
not liking the action, move profit stop to 47.55Trade closed manually
lower high and iffy API data so i TP here... even looking for possible shorts now :)Comment
46.05-47.89 very nice profit hope i can keep this up :)Related publications
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