A cross of the 15SMA and 5EMA and then a pullback to what I think is a wave 4 of mini Elliott Wave pattern. Momentum indicator still negative and MACD lines in right place also. I have set a sell order close to the trend line and 15SMA which I hope will be the top of wave 4. Price might not even get that high but I will see tomorrow.
Trade active:
SELL order triggered. I think if there is any buying above 13580 next week then the deal is off. I am hopeful that I have the correct trend lines in place and there will be a bounce down either Monday or Tuesday off of 13580. Running a small loss over the weekend but all parameters still flagging SELL.
Comment:
Move stop loss to small profit / break even.
Trade closed: stop reached:
Stopped out for small profit.