that trendline had been broken at least 9 times forth and back....why do you think it will hold now...I have 2 short positions running instead.
thedreamville
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@RomanZachary exactly my TA shows ALL MAJOR TFs are short. From 30M to Monthly all short
ICFX
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@thedreamville, Here is my post on how one has to draw trendlines correctly (after Demark's New Science of Technical Analysis) - from right to left, most recent lows or highs only, through highs in downtrend - through lows in uptrend. 90 percent of people here do not even know how to draw trendlines relying on broken irrelevant lines from the distant past!