There is money to be extracted on both sides of this trade. Remaining neutral at present after the 4k L trade, waiting for one the following scenarios:
1. Break above 4800 as the Dragon will be clearly back in flight.
2. Retest of the upward median (dotted) line as well as the downward pitchfork median (red dotted). At 3200.
Stops set a violation of the opposite scenario.
Good trading!
Kommentera:
Taking profits here at the median line, keeping a small runner
