Big picture: downtrend - sell short
Small picture:
P.S.
Small picture:
P.S.
- Anything can happen!
Be ready for a short as well as a long possibility - stay neutral.
Define your risk (stop loss)
I typically trade only when price action is confirming reversal in these defined zones
Order cancelled:
Looks like after hours shooting into the zone - high risk. Will not trade.
Instead will move short entry near 334.
Instead will move short entry near 334.
Comment:
I wish I would have stayed with the strategy. Anyway... it was a good call :)