motleifaul

motleifaul

Now the bottom to be built looks more convincing. I took a good bite.

motleifaul

I try it again. Perhaps I started a bit to early last time. It looks loke bottom building to me, anyway.

motleifaul

If the rate holds today then we can assume that the uptrend will continueI am taking a little bite.

motleifaul

There is no new signal at moment but as far as there is no real sign of a correction I assume that the trend will continue.

motleifaul

I was a bit to early with my previous short. But now it looks more convincing. Why not trying a short again? There is no support at moment in the weekly. In the daily there is some at 6.15 however.

motleifaul

It's a fine continuing uptrend with a lot of potential now that we broke the prong of the fork to the upside. Perhaps it will make a correction to the former prong this week but it shall resume the upmove then soon.

motleifaul

We are in an upward channel and have now completed the downtest. We shall test the top again now.

motleifaul

A trade against the trend. I am not betting on an end of the trend but on a correction. I may be an attempt to re-reach the bottom of May the 22-27th.

motleifaul

The rounding bottom makes a new test of the prvious high(s) possible.

motleifaul

A fine rounding bottom makes a new test of the previous top possible.

motleifaul

Let's try this instead. It made a good move already. But the trend has still room.

motleifaul

It's still trending up. I don't expect to much but it's good for a short lived deal.

motleifaul

We broke out clearly now targetting 12.

motleifaul

Look at this breakout! There is sufficiant room to the upside nowif the price holds above 5.50 today.

motleifaul

As the volatility is very low I think that it's worth to hedge part of the position in American shares and buy a cheap put with an expiry in some months only now. That doesn't mean that SPY will fall now but it will not rise eternally anyway. And as I said, it's cheap now.

motleifaul

The Kijun Sen held as far. The MACD seems to build a bottom with a buy signal ahead.

motleifaul

Bottom building

motleifaul

The 20 EMA has been overcome. So the upper limit of the range can be tested.