Cold be bull trap?
Updated
At my last view I was short from 43.30, and then long cover from 41.50.
So, the short was closed and now I'm only long.
Now we are on resistence and could be a bull trap.
If the price is over 45.60 is bull rail and only if the price go back over this price I cover the long with short to protect my gain.
So, the short was closed and now I'm only long.
Now we are on resistence and could be a bull trap.
If the price is over 45.60 is bull rail and only if the price go back over this price I cover the long with short to protect my gain.
Trade active
In next view I have explained confirmation for short entry. If this not happen I stay long.
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