We enjoyed selling yesterday, and price eventually closed at last month's high, with a re-test to last month's high. Could this be a re-test for a continuation up? Remember overall we are still in a buy trend and can enjoy short opportunities; however until price breaches trendline it may not be wise to open short positions. Trade with caution and do not get caught in a bear trap.
Trade closed: target reached
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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.