Looks like we have head and shoulders pattern in development which indicates trnd reversal and start bigger degree correction. Wait for clear breakout of necline of pattern to entry.
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Trade active
Comment:
If daily candle close below neckline e will have confirmation of bear trend
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Comment:
Wow what a fantastic price action.
First target almost reached.
I will keep trade for much longer if there won't be any change in structure.
First target almost reached.
I will keep trade for much longer if there won't be any change in structure.
Comment:
First target reached.
I have not close any position as price action shows we will have further decline soon
I have not close any position as price action shows we will have further decline soon
Comment:
Comment:
I few days correction before next move
Trade closed: target reached
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I have closed only 2/3 of position and kept 1/3 to see how deep it might drop.
Fantastic trade and big winner !!!
Fantastic trade and big winner !!!
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Comment:
Current price action I consider as a part of correction and I expect another drop.