These are the 200 MA and the 50 % retracenment of the fall since November. A renewed decline seemes to be more likely insofar.
Trade closed: stop reached:
The entrance was to early.
Nvertheless, the idea is right I think. I am wtcing out for another entry. The stop was necessairy to avoid bigger losses however, as usual.
Nvertheless, the idea is right I think. I am wtcing out for another entry. The stop was necessairy to avoid bigger losses however, as usual.
Trade active:
I am renewing the short position now at a 3 $ higher price. The idea is still the same.
Trade closed: target reached:
I am closing the deal even if this is not my whiched target, but as the price is rising now again I prefer to take the profit now.