Looking to add to the ZIL bags on this bit of red we've been having. We're coming down to the very very long uptrend that we've been on for the past few months. We have created a Lower High, so we're going to wait for the bounce back up to the downtrend line. If it looks like we're going to bounce back down off that downtrend line I'm going to close my position. If it looks like we're going to blast through it then I'll hold my position.
Trade active
up around 7-8% from entry point, first taken profit has been hit.
Trade active
If you don't want to trade the break out you could close now for a 12% profit.
Trade closed: target reached
Closed for a total of 16% after forming a doji at the top of the run just after the breakout.
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