Small double-bottom formation similar to the one during the faster sell-off has formed inside a support zone.
Larger double-bottom in an upward trend.
I'm thinking its going to swing up into the upper 80s to start forming a large triangle.
Stop below the lower trendline in case it dumps.
Larger double-bottom in an upward trend.
I'm thinking its going to swing up into the upper 80s to start forming a large triangle.
Stop below the lower trendline in case it dumps.
Trade closed: stop reached:
Looks like we're dumping lower.
Comment:
So close to perfection. Pissed I set my stop to high and missed the beginning of the move up.