Perfect bounce down from the trendline based on previous highs. Notice Stohchastic DMI turning down from the top at what everyone believes to be the bottom.
Previous two drops were comprised of 7 bars. This one has two so far with plenty of bull noobs to rek. The next bar (purple one) is trending downward, although it hasn't printed in a permanent fashion.
Entry: $386
Targets: $350, $320
Previous two drops were comprised of 7 bars. This one has two so far with plenty of bull noobs to rek. The next bar (purple one) is trending downward, although it hasn't printed in a permanent fashion.
Entry: $386
Targets: $350, $320
Trade closed manually
Position closed. P/L 4%
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Disclaimer
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.