KBH here didnt quite get a fill to short at resistance but now breaking through trendlines and printing and H&S.
Indexes turning bearish.
Staggering into short positions.
Not advice.
Indexes turning bearish.
Staggering into short positions.
Not advice.
Comment:
High challenged already. This is why its important to exit quickly when you see impulsive PA against your position unless you have a very good reason not to. Also by exiting you give yourself the chance of an even better position without risking anything. Accept small losses.
Comment:
Now it could be double top here but no way do I enter here unless there is some significant bearish PA as it could make a C wave higher high.
Comment:
Looks like it is most likely double top C wave and so i'm slowly staggering back in.
Comment:
Comment:
Now forming quite a tight descending channel, its not looking floppy as it was before. I'm out.
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Could be a C wave perhaps to make a higher local high or double top.