Make no mistake we are still in a bear trend. We did have a short uptrend after hitting the main trend line. Over the past few days we have moved back to a downtrend until we hit that main trend line again.
Trade closed: target reached:
I have closed my short (40 percent profit) since we broke the main trend line. Let's see if we hit some support here around 8025.
Trade active:
Went hit our double bottom support at around 7958. I put a long in at 7988. Hoping for support at 8025.
Comment:
Comment:
Will we start a new trend here or continue the downtrend?
Trade closed: stop reached:
Got stopped out from my 7980 long. Waiting to see whats going to happen here. Little to no support.
Trade active:
Opened another short at 7874 currently up 226 percent. I believe we will triple bottom at this target.
Comment:
Sold partial of my short and bought more shorts as we went close to support areas.