Based on technical analysis of order flow and harmonic expectations shorting the Dow to at least test the lows,
we'll see what will the price do. Util SL is hit or lows are tested time to sit on our hands...
we'll see what will the price do. Util SL is hit or lows are tested time to sit on our hands...
Trade active:
Comment:
Due to volatility spike and breach of immediate structure, reduced risk and moved stop to 25366, because if this setup is to work price should not be allowed to reach that level.
Trade active:
Price just touched the area of support. According to plan that means SL moved to BreakEven +5
Trade closed: stop reached:
Protective stop took us out at 5 points gain.
Possibly we get a chance to reenter the position
Possibly we get a chance to reenter the position
Initial target set to 25198( but relying more on trail stop)