FOXA: XXI Century Fox short

Gartley pattern on FOXA chart is in place. Also, price reached Upper Median Parallel Line of the Fork which suggests a retrace to the Median Line.

Will join the shorts at opening price, with SL at 36 and targeting 30 per share

Trade active:

Short position opened

Trade active:

I was stopped out but re-opened a short position at 36 ish. It may still go higher though so I put a new SL at 39 and set a take proit near my second target, 28

Comment:

Sorry, SL set at 40

Comment:

Should we consider last week candle as a reveral?..