Zoom into the 4HR time frame and we can see a bearish wedge within a bearish wedge :)
Are you going to short now or wait for the next move up to the top of the 1D bearish wedge around the 68 USD level? Do you have a stop loss?
I'm shorting now, adding to my short up to 62 (depending on price action) and taking profits if we reach mid-zone of the wedge (55) or bottom of it (52).
Avalontrading
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@FrankFerriss,
Placed a grid of orders from 62 to 67 with a stop at 71
Zoom into the 4HR time frame and we can see a bearish wedge within a bearish wedge :)
Are you going to short now or wait for the next move up to the top of the 1D bearish wedge around the 68 USD level? Do you have a stop loss?
I'm shorting now, adding to my short up to 62 (depending on price action) and taking profits if we reach mid-zone of the wedge (55) or bottom of it (52).