Tested a trenline from July of 2014 and was rejected with force on Friday. There was a bearish engulfing pattern put in with Fridays candlestick. I will be going short with my first target at the most recent low and second target at the 1.27 fib extension.
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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.