I'm not usually a fan of these types of pattern trades, but here it seems we have a clear setup for a decent bounce off the recent lows.
Trade active:
Stop @ $4466
Comment:
added some, moving stop back further to $4450
Comment:
removing stop completely, will manually close if needed
Trade active:
Stops were removed because I did not want to get wicked out of my position on quick downward moves. (circled in attached image)
Still no definitive close below neckline - trade remains active/
Stops were removed because I did not want to get wicked out of my position on quick downward moves. (circled in attached image)
Still no definitive close below neckline - trade remains active/
Trade closed manually:
Looks like rejected from break line a second time - majority position closed. Will continue to monitor