After the short from March 7th until March 20th we saw a rebounce. It has reached more than 50 % retracement now and I think that it is worth to play the downside again.
Comment:
I am taking the profit and turning the position into long as 67 seem to be a good support. If it holds as it looks like there is more room for an upward correction.
Trade active:
long now!
Trade closed: target reached:
I am taking a part of the profit accrued now and leave the remaining position long in the market.
Trade active:
Still long.
Trade closed: target reached:
I am taking another part of the profit but will still hold some more of the long position.
Comment:
Still long!
Trade closed: target reached:
I am closing the long position now finally and take the good profit.
Comment:
Both sides long and short were worth to be traded and gave profit this time.