Using a modified shiff to predict the path of price. This price action has moved downward and is currently recoiling for an advance back up to another potential sell zone. This short looks a little played out and could explode higher from the recoil. The current trend is negative until proven otherwise.
Comment:
Price action hits the buy to cover line near 8.77. Sure it can fall more, but it would be risky to find out.
Comment:
Price action on this short trade has fully run it's course. All buy to cover targets have been hit. I would consider this idea CLOSED.