DNT is showing movement within a wedge. There is a possible hidden descending triangle in the mix (yellow line) so I am going to hold off for a day or two before acquiring to see if we bounce off or break the yellow line.
Trade active:
bought at 1260.
Trade active:
within wedge.
Trade active:
Testing the bottom of the wedge. Move will be determined in the next day or so. If support holds at the 1350-1400 levels, we will remain within the wedge and move closer to a breakout.
Trade closed: stop reached:
Broke downwards and down about 20%. Stop loss triggered at 1000.
Will look for new entry.
Will look for new entry.