HI thanks for your many charts! I'm confused though because your published chart with title " Bearish divergence at key resistance level" has totally different short target than this chart? this chart says ~$215 but the other one says ~220?
id10tothe9
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awesome!
Ice_
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Was the margin call thing a joke? lol
MagnusTradingGroup
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no joke. this is the maximal reasonable risk one can take here imo. you don't have to
MoonTrader
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Nice analysis, but aren't we in an ascending triangle, judging by the last few local higher lows and the price pressing up against resistance at $247-$250?
MagnusTradingGroup
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Yes it has something of an ascending triangle, indeed. I would be carefull here with shorts. Tight stop above recent highs.