Alright you guys, its been a tough time with trading but hopefully we can gain profit in this trade. My opinion I am looking for a short term gain, I do not want to stay in this trade for too long but with seeing this trade be tested by this resistance line twice and falling each time the same thing should happen here. How far down can we short this position? Not too far, keep in mind this is a confirmed double bottom it will reach down and form a new support so expect that to happen soon. Be careful shorting this trade it can shoot back up any moment.
Kinda wish I didn't get into this trade but I saw a profitable opportunity. Hopefully I can win on this one.
GL
~JS
Kinda wish I didn't get into this trade but I saw a profitable opportunity. Hopefully I can win on this one.
GL
~JS