15 Min-Timeframe
Managed to enter position at $226 today.
Plan to close position at $233, right around 38.2 where we faced resistance today as well as the bottom of the Ichimoku Cloud .
50-day SMA is trending downwards as well so it may be around that general area as well.
Market sentiment: Bearish
Managed to enter position at $226 today.
Plan to close position at $233, right around 38.2 where we faced resistance today as well as the bottom of the Ichimoku Cloud .
50-day SMA is trending downwards as well so it may be around that general area as well.
Market sentiment: Bearish
Comment:
We are getting lower highs and lower lows...may close position early at 231 if we don't break above trend line within the next hour.
Comment:
Managed to close above 231, nearing exit position of 233.