- Long term trend: up (hovering around MA100, good time to buy with tight stoploss)
- Medium term trend: down
There is a chance it drops down to ~115 (at .618), set stoploss at 110.
Target is 250 based on fib retracement.
*Keep in mind: does not look pretty at the moment, but we shall see.
pass on this one
I hesitated for a LONG time on the verge trade and that cost me some $.
I made a mistake and I will learn from it.
In the future, I promise myself to be more decisive in closing positions when the chart gets fishy.