We have corrected nicely on our first run from 157.00-157.20 short and profit 155.67.
Now we are seeking to re-sell and for now we have positive stochastic, but a negative MACD. We are still well protected at the top of the Donchian as well.
Strategy is to SELL 156.45-156.75 range (trend line resistance 156.57 for now). Stop-loss I feel 157.55 (financial stop-loss only).
Profit objective 154.78.
Now we are seeking to re-sell and for now we have positive stochastic, but a negative MACD. We are still well protected at the top of the Donchian as well.
Strategy is to SELL 156.45-156.75 range (trend line resistance 156.57 for now). Stop-loss I feel 157.55 (financial stop-loss only).
Profit objective 154.78.