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modigliani10
Jul 30, 2013 10:00 AM

URRE Short

Description

Again this has moved too far up too fast...it is trading outside BB and would expect to retrace at least to the bottom of last days candle around 4.30...the price hit the price extension and now we are waiting a retracement....maybe to form wave 4 before it moves higher
Comments
modigliani10
i am closing shorts here since I am expecting prices to fluctuate around those levels....and then retrade the break out up or down...prefferably up
modigliani10
around here is a good point to enter LONG
modigliani10
LONG just above 4 and SL 3.90...will at least fill the gap...i expect to tarde range for a awhile before it moves higher
modigliani10
that went wrong...SL....still expect trade range here
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