Description
⋅ Bear flag on the daily, 50$ target
Trade active
⋅ Still within the flag
invst.ly/bedpc Comment
⋅ totally
Comment
⋅ CL is taking its time, but we're still within the flag range...any moment now...
Comment
⋅ Comment
⋅ invst.ly/bhe9-
we broke the flag line, at least $54 in the making, $50 behind the corner as well. Comment
⋅ $54 possible consolidation area before we continue towards $50 next week.
Comment
⋅ $54 consolidation area is now being broken downward, so $50,15 can now be reached in the next down move.
Comment
⋅ Target almost reached, may close the position around $50.40
Trade closed: target reached
⋅ This will continue its down trend in the long term, but it fell enough in one day (>5%), and the target is 95% reached.
Comment
⋅ $53.80 is where the daily resistance sits. Could be a good point to re-enter the short position there.
Comment
⋅ at the top of the channel invst.ly/btmfq