Headed to the bottom of this channel? And would that bring us back into the larger Daily downtrend? And resolve that this has been another Bull Trap?
Comment:
just loaded up on more shorts.
Comment:
this candle was good indicator of what the new week might bring imo.. DOWN
Comment:
sideways awhile then dump
Comment:
regardless if this is a breakout or not a pullback to 960 seems inevitable.
Comment:
dumipng
Comment:
prob a reversal candle here but dang one more solid red candle down and we have meltdown.
Comment:
wondering if we will breakdown out of this channel or move back up to the top of the channel.
Trade closed: stop reached:
good indication we are moving back to the top of this channel.