However slowing the trend is continuing. Due to the relatively long way down now, already, we may consider this to be more than a orrection of the previous rise, i.e. it is more likely that the decline shall continue.
Trade closed: target reached:
I am taking a First profit leaving a part of the position open for further declines.
Trade active
Trade closed: target reached:
I am taking the first profit now leaving part of the position short in the market for further profits.
Trade active
Comment:
Sorry for duplicating the comment. It had not been printed at first. :-(
Trade closed: target reached:
I am closing the remaining position now to avoid it falling into loss and take the remaining profit instead.