The first time price broke below support which was required for sells, resistance was formed but we never got the final confirmation required to execute on sells. Price then broke back into the range before we took an entry.
As we had already formed resistance, I was happy to go down to the 5m timeframe to confirm sells. The next 5m candle broke back below...
Looking at Fibonacci levels and sold off my long position all the way up from $8,362.5. Made some crazy profit last few days now set to short as I believe this uptrend is just about a over unless a bounce up occurs that will trigger my S/L. Waiting for the market to cool down again for a re-entry long position if any but for now I think we are heading south. My...
