I'm not usually a fan of these types of pattern trades, but here it seems we have a clear setup for a decent bounce off the recent lows.
Trade active
Stop @ $4466
Note
added some, moving stop back further to $4450
Note
removing stop completely, will manually close if needed
Trade active
Stops were removed because I did not want to get wicked out of my position on quick downward moves. (circled in attached image) Still no definitive close below neckline - trade remains active/
Trade closed manually
Looks like rejected from break line a second time - majority position closed. Will continue to monitor
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.