GDX broke out of the recent range to the downside. Could be a potential sustained downtrend in the short term.
Entered half position in $DUST so far, however have stop loss tight and waiting for further confirmation of the breakout strength before entering remaining position.
Entered half position in $DUST so far, however have stop loss tight and waiting for further confirmation of the breakout strength before entering remaining position.
Trade active:
Added the remaining 50% position during the retrace. Strength is still iffy, would recommend maintaining SL tight and watch closely to price actions tomorrow. Good luck everyone!
Trade active:
Look to take profits actively, this short term downtrend is not very strong at the moment. Could be just a part of a bull flag.