RUNE had a spectacular run over the past week. We know a pullback is likely coming sooner than later, and it looks like the time has come. Price has been losing momentum over the last 24hrs and the daily uptrend has just broken bearish. Waiting for a lower low on the 4hr if you are conservative.
Trade closed: stop reached:
Stop hit, take your loss, and move on. The market rallied back into the trendline, I no longer like the trade.