We (and you??) have been short this thing since 11500. See this post: and this post: This is just a reminder where we are going and to look for fresh SHORT Entries.
Trade active
⋅
Comment
⋅
As it turns out this is worse than it initially looked. The new SHORT Target; 10750
Comment
⋅
If you are Not SHORT, yet, around here is a good place to do so!! Take those "dip buyers" and shove it way up for them where the sun don't shine!
Comment
⋅
Here is a longer term view... ... the 8hr. chart.
Comment
⋅
Obviously, if this takes out 11200 then one would also have a completed Head & Shoulders, with the same, 10750 down side target!
Hi. Thank you for sharing your great work.
What's your invalidation point for this?
tks
Nemo_Confidat
⋅
@Davidmjr, Glad you like. Currently sitting on this with the original stop @11578. Target: 10750.
Davidmjr
⋅
I can't find your stop for this trade. I'm always being stoped out.
Nemo_Confidat
⋅
@Davidmjr, That's not good. Stops are always included upon entry into a trade! In this case the Stop is (still) @11578. See it also in my reply, above!!
Also, should you lose track (which one shouldn't :-) you can always check the Volatility Index (ADR) at the bottom of the charts *** for the time period for which the signal was generated! *** I hope this helps.
Davidmjr
⋅
@IanSinclaire, Sorry... In the phone it's appearing a tag of an inexistent user instead og the stop numbers you wrote.
Thank you for your support
What's your invalidation point for this?
tks