See chart for description.
Note
This is a follow up on the initial trade that took place on December 15th (black chart).The pullback is now kicking in and I am looking to add position for further downward momentum.
I forgot to add that the market is trading under the 50 day SMA which lines up with everything else, so this trade is looking good.
Trade closed: stop 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.