Reaching a potential double top at the 200 MA on the 15 min chart. There really wasn't a decent retracement from the crazy price action so looking for some movement on the downside.
the saucer shaped bottom is your only potential pitfall could break higher , but for now you ok good luck
ReyHaynes
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Yea, I actually was thinking about that, and the fact that this is a counter trend trade which I usually don't like, but figured i'd go for it since the risk reward was pretty good if correct.
MarkLangley
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cool let see how it pans out good luck mate
ReyHaynes
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Nailed it :)
MarkLangley
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great spot mate and trusting your analysis well done !! i check it this morning see what happened , right onto next trade good luck