As per usual, Im reversing the postion that i did have into a short.
Reasoning is because price seems to be having a hard time pushing higher after sitting on that ledge for yesterday and this momrning.
This showed by the slowing of buying pressure at the new high of day, Being instantly met with selling pressure that far outweighed the bulls.
Im expecting this position to be a 1-2 day hold at max
Reasoning is because price seems to be having a hard time pushing higher after sitting on that ledge for yesterday and this momrning.
This showed by the slowing of buying pressure at the new high of day, Being instantly met with selling pressure that far outweighed the bulls.
Im expecting this position to be a 1-2 day hold at max
Trade closed: stop reached
Comment:
-0.54%
Comment:
As always the position gets reversed everytime a current postion is closed.
Currently in a BUY postion @ 18080.7.
As that was the price at which this SELL postion was closed.
Will update with a new idea on the current BUY postion later when i have a chance.
Currently in a BUY postion @ 18080.7.
As that was the price at which this SELL postion was closed.
Will update with a new idea on the current BUY postion later when i have a chance.
If price closes above this high ill be reversing the postion.
All i can do at this point is hope that the market finds the same resistance at these highs as it did earlier. Other than that it looks like this may have just been a bad trade.