Hi Everyone, we discussed this stock in our us energy stock screencast and identified that this was a short setup to keep an eye on.
Only a few days later now it has slipped sharply down and has broken out and down. We're waiting now for a correction and also to confirm that it won't reenter the trend line on a shorter time frame for the short entry.
Trade ist aktiv
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Trade is now active.
Trade geschlossen: Stop wurde erreicht
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It reentered the structure so the trade was invalidated.
If you aren't in this trade yet it's worth watching this sell setup and only making the trade once it breaks down through it
CFDTradingo
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It just goes to show how important it is to wait for validation before making the trade. If you had waited then you would have avoided taking a trade that was invalidated shortly after -