more of an intuition trade. Support not broken until a daily close below 3419, 200 week MA is also waiting below it, sell volume has been low, hammer candle starting to form on the daily, panic seems high on social media.
long 3380-3405
targeting 3550, 3750, 4000, 4250
s/l 3200
long 3380-3405
targeting 3550, 3750, 4000, 4250
s/l 3200
Comment:
struggling to break above 3470. closing 50% of position and moving stop loss to 3410
Trade closed manually:
closing at 3450. seeing weakness