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⋅ 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?
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⋅ just loaded up on more shorts.
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⋅ this candle was good indicator of what the new week might bring imo.. DOWN
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⋅ sideways awhile then dump
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⋅ regardless if this is a breakout or not a pullback to 960 seems inevitable.
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⋅ dumipng
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⋅ prob a reversal candle here but dang one more solid red candle down and we have meltdown.
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⋅ 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.