A lot of upside momentum, breaking the current up trend line. I DON'T LIKE THIS. Anyway, if we see a lot of rejection on this 143.00 level, a short would be considered. We have had a big loss this week and we have to stick to the strategy. Haven't sticked to the rules once every two months, and this fu**s the profits up. I'm still learning, but can't wait for the future. All what we are is a result of what we have thought. Have a good trading week, and stick to your plan! I WILL TRY MY BEST TO STICK TO MINE.
Probably one of my favorite posts this year, analysis is almost exactly as how I would do it, neckline is a zone and not a line, you have that nice 1:1 ration from neckline to top and from neckline to target at the bottom. I love it haha.
lluiszardoya
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@nikitafen46, thank you very much, Happy to have same point of view as a good trader like you. What I don't like at all is the break of the downward trendline... what do you think about it?
MtxTrader
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@lzardoya, Trend line was not broken fortunately, I am short at the moment