Expecting a bounce if we breach this channel once again.
It looked like a channel break there for a moment and shorts could be squeezed a little if we bounce.
Target $270 for this bounce.
It looked like a channel break there for a moment and shorts could be squeezed a little if we bounce.
Target $270 for this bounce.
Trade closed: stop reached:
No bounce. Instead a test of resistance and failure to break.