BREAK or RESIST

٢٧ سبتمبر ٢٠١٧

Huge test at 4200ish

Major trend line and .618 FIB.

٢٧ سبتمبر ٢٠١٧

ملاحظة

Entered Short @ 4200 with a Tight Stop Loss at HOD.

Will most likely add to position at break of 4150.

٢٨ سبتمبر ٢٠١٧

ملاحظة

Added to short @ 4149

٢٨ سبتمبر ٢٠١٧

تم إغلاق الصفقة يدويًا

Got stopped out @ 4130 and most likely got faked out... Going to wait and watch price action today for another entry.

٢٩ سبتمبر ٢٠١٧

تم فتح الصفقة

Shorted @4150. Stop @ yesterdays high. Target 3800

١ أكتوبر ٢٠١٧

تم إغلاق الصفقة يدويًا

Trade was closed for a loss. Crossed over the .618 fib and the trend line. Looking bullish. No swing trades open until there is a convincing move.

٣ أكتوبر ٢٠١٧

تم فتح الصفقة

Looking to open a short once it breaks below 4230. It already has crossed below the trend line. Looking for it to break below the fib

٤ أكتوبر ٢٠١٧

تم فتح الصفقة

Opened short @ 4226. Target will be 3800.
We formed a H&S at the top. However, I expect strong support from 4000 to 4150. I will watch price action closely and be sure to take profits on any signs of a reversal.