In less than 24hours of our last post our price target was reached for a 15% profit on both of our trade entries.
Consider a trailing 1D bar high (noted on the chart as the green line) for the new stop loss to lock in some profit.
Our eyes are now focused on the .382 retracement level.
Our weekly and daily momentum indicators are still bearish, however, we are on the lookout for the price to reverse in the short term.
Consider a trailing 1D bar high (noted on the chart as the green line) for the new stop loss to lock in some profit.
Our eyes are now focused on the .382 retracement level.
Our weekly and daily momentum indicators are still bearish, however, we are on the lookout for the price to reverse in the short term.