We are below the rising since the beginning of the year channel. This is important the more that at the same time we are also holding below a level which had been the bottom since January 22nd and the top at January 14th.
Trade closed: stop reached
Trade active:
There is no rise after the stopout so that I may consider the downtrend to continue. The more that no new high has been reached during the rise since February 14th.
Trade closed: stop reached