AGEN short term shorting on downward triangle

Mar 31, 2016

Decent chance to short to 3.90-4.00 range, depending on morning price action. Price consolidation occurred throughout the intraday trend and has now broken past the downward triangle pattern where the price has fallen below the 20 period BB. Stop loss should be at 4.15-4.20 range if price reverses past the EVWMA lines which act as our trend reversal signal mechanism.