Approaching a great area to try a short with a double top possibly coming, other technicals are exhausted and due for a pull back.
Comment:
we are starting to see some profit taking and a pullback as we had planned, watching now for a break below 114 and 113.70 to confirm
Comment:
made the first break, now watch 112.9X after this, great progress thus far looking for 112.2X next
Comment:
we have now broken the 112.9x ar
ea and test the 112.5X area keep short 1st tgt hit
Comment:
Comment:
we've made some good progress and are hovering at the 112.5x area of resistance/support. MACD has now crossed giving us the bearish sell signal. Watching for a break of 112.50 to see sub 112.00
Comment:
we have now broken cleanly from 112.5X area.
Comment:
closed short on trailing stop 111.00 awaiting relief bounce for re-entry
Comment:
closed my remaining position, noticed that we may have some new support on this TL, might get a shortable bounce or reversal soon
Trade closed manually:
closed all my trades, the set up is now signalling a long to me so I am out of the short and evaluating the situation 1st of 2 tgts hit overall pretty good trade