Trade safe on this one.
Notice the support around 130.
There is a small gap on that last move up, around 116.
Probably plenty of time to get in this.
Notice the support around 130.
There is a small gap on that last move up, around 116.
Probably plenty of time to get in this.
Note
This is just a guess. My stop is at 127.27, and the market has a way of taking my money when I put in stops.
Trade closed: stop reached
Stopped out the next morning on a big drop to 123.90. Shakeout?145 possibly rejected here too.
I guess there's still too many bearish scenarios to justify buying just yet.
Note
Intraday drop to 122 so far. Perhaps we're headed for 116 or lower after all.
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.
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.