If this continuation pattern invalidates, we have a high chance we pull back to the next support zone. While we could see a longer ascending triangle form or channel for a continuation move form. I don't know if that's a risk to take at the present moment.
Use caution.
-Sherem
Use caution.
-Sherem
Comment:
last hope is 11k, otherwise we are going down further. Which it looks like its going to do
Comment:
We could be forming a new continuation pattern here folks -
Comment:
Stop moved up in profit to just under $11,800
Trade closed: stop reached:
Stopped out in profit. Upside is limited from here IMO
