Look at the chart. Indicators are screaming (MASSIVE Overbought) and begging to go to the downside! ...with clear Daily downtrend. Fresh thoughts are very Welcome :)
Order cancelled
⋅
Comment
⋅
What's next?
Comments
Marcelinosilva
⋅
BeFX
⋅
@Marcelinosilva, Great idea. We will se if that will be impulsive move!
BeFX
⋅
TheZabisyu
⋅
Title says there are too many reasons for not being short, while description and chart says short.
BeFX
⋅
@TPparadigma, You're right. I'm sorry for misleading title.
Wave-Trader
⋅
Very nice idea mate Good Luck ya. i think we should wait for impulse down before any entry ya.
BeFX
⋅
@Wave-Trader, Thank You very much. Of course it is not trade call! We are waiting for the impulse :)
Wave-Trader
⋅
@BeFX, Thanks for your hard work mate and good luck to you.
The_Observer
⋅
Uptrend seems strong now, and we just broke and closed on the upside of the weekly downtrend last Friday, supported by strong volume. So be careful with shorts.