As I analysed on sunday the trade played out very well and just as I had analysed. I hope we all made good profits from this as I have. Now i am gona wait for a sell signal and then ride it down till the 8000 mark. Once my trade is in good profit I always make sure that I trail my SL to protect my capital as this is very volatile and unpredictable. Lets see how...
A head and shoulder pattern is forming. I am looking at a short buy till the right shoulder has been completed which will also be a retest of the broken trendline and then we will look for a clear sell signal to the downside.
