Despite the rather bullish candle yesterday the price formed a new low today, i.e. the decline shall continue.
Trade closed: stop reached
Trade active:
I re-entered the position now as we are close to a main resistance level which is a good opportunity to go short again. The stop was not neccesary at this level already.
Comment:
It may become difficult to leave the channel and take some time.
Trade closed: target reached:
This is really difficult. I should have reacted ealier. Nevertheless, I am taking the fine profit now. Perhaps it will be possible to sell again at a better price.
