Simple. Huge down trend on the 1 day.. falling volume regardless of price changes.. no reason to turn around until prices are so low they are irresistible. After 3 successive months of crash, no one but gamblers and those too heavily invested to pull out are going to risk much.. as in anything.
Trade active:
Dead nuts on my arrow right now eh!
Comment:
Support and resistance are closing in on each other.. we should see one more big dip at which point I'll be closing out and going long.
Trade closed manually:
Closed yesterday last night, had a big pop this morning back to the resistance. Got pretty lucky, a lot of bears got skinned!
Comment:
+1 - I should trust myself more. lol
