Boeing Short (Wyckoff Distribution Structure)

The fundamentals do not seem to be in Boeing's favor, and price action on the Weekly looks like a textbook example of a Wyckoff distribution pattern. I'm expecting this to be a pretty reliable short this year, save for the risk of manipulation due to the amount of significant players with BA exposure.

Trade ist aktiv:

The entry target was just reached. Taking a position now.

Trade geschlossen: Ziel wurde erreicht:

Target was reached. In case of market rebound, exits should be made now. Enjoy the profits. SL was ALMOST hit. Haha.