Stop Loss: 9300
Take Profit: 7800
Bulls took the price right up into this pivot and volume went through the roof as the price hit 9200. Within minutes, everything is unwinding and there is plenty of room to fall.
Take Profit: 7800
Bulls took the price right up into this pivot and volume went through the roof as the price hit 9200. Within minutes, everything is unwinding and there is plenty of room to fall.
Comment:
Due to how quickly S1 was reached, I'm extending take profit to S2 $7080 and initiating a trailing stop at $8185. Price is currently at $7840.
Comment:
Bringing trailing stop down to $8000
Trade closed: target reached