look for confirmation of this breakdown before shorting. Could be a short one. Looking to sell DGD I already aquired at 45 from previous trade (detailed below) to pick up more at a lower price (kind of a short but not really).
look for a retrace back to previous lows. If price action finds resistance at previous trendline, that would be a good enough signal for a breakdown.
look for a retrace back to previous lows. If price action finds resistance at previous trendline, that would be a good enough signal for a breakdown.
Comment:
it looks to be forming a bottom around the edge of the pitchfork, it looks like could be good to go back up soon. well get more confirmation as we progress the pattern a bit
Comment:
reversal pattern completed inverse head and shoulders. very good reversal outlook. holding trade from 45.
Breakdown from here is very unlikely
Breakdown from here is very unlikely
Comment:
Comment:
threatening breakdown again, this time looks for good. might be good opportunity for a short
threatening breakdown again, this time looks for good. might be good opportunity for a short
