we caught the long movement of the price , now we getting ready to hit the short movement , here i see a strong momentum on the bulls , so i'd be very careful with this short placing a position little bit smaller thant the regular , cause the price may break this channel and try a retracement of the major downtrend , let's see what will happen , surely if the price breaks the channel we will wait the retest and place a nice buy position to catch some profit off the upside movement .
cheers .
cheers .
Trade active
nice fall , trai your stop loss and we eventually will se what the price will do , if will restart the uprtrend trying to test again the upper trendline we'll wait to place a nice sell from there , if the price will head to te bottom trendline we'll wait to place a buy . cheers , profit was made :)Note
probably another sell position to open soon
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.