Sell signal was given on both rsi (relative strength index) and macd (moving average convergence divergence) indicators and confirmed in the past 3 days. This means we are late to enter trade and at more risk with a very large stop-loss.
A break of. 0773 area would be considered as confirmation. Clear area for stop-loss on June 4th high. Will look to enter and re-enter short positions with the view of a clear breakdown coming in the next few days/ weeks. See how close to June 4th high you can get an entry for a short.
This is merely an idea for a trade. Please learn to trade before you consider using your own money to gamble on stock markets.
A break of. 0773 area would be considered as confirmation. Clear area for stop-loss on June 4th high. Will look to enter and re-enter short positions with the view of a clear breakdown coming in the next few days/ weeks. See how close to June 4th high you can get an entry for a short.
This is merely an idea for a trade. Please learn to trade before you consider using your own money to gamble on stock markets.
Trade active:
Big capitulation spike in volume on the 11th.
Stop-loss moved down to. 077 area
Stop-loss for partial profit will be moved to above today's high with last stop-loss moved just past breakeven.
Partial profit TP set at around June 11th lows at. 068. Hoping to let this trade run.
Stop-loss moved down to. 077 area
Stop-loss for partial profit will be moved to above today's high with last stop-loss moved just past breakeven.
Partial profit TP set at around June 11th lows at. 068. Hoping to let this trade run.
Trade active:
Smashed through June 11th lows. (and TP) Stop-loss moved down to. 075 area.
Trade active:
Hope to move my stop-loss to above yesterday's highs in the .068 area in the nezt few days. Expecting another test of the .057 lows before my .075 stop-loss is hit
Comment:
Stop-loss moved to .071 area.
