Powerful price action behaviour& violated up trending channels x 2 + Violated 40 period weekly SMA = Auf Wiedersehen WBC.
This analysis is not a financial advice but rather to demonstrate 2 different exit strategies on a long position. ( channel violation as well as 40 period SMA violation on weekly chart. I am now counting the down move ( not shown).
This analysis is not a financial advice but rather to demonstrate 2 different exit strategies on a long position. ( channel violation as well as 40 period SMA violation on weekly chart. I am now counting the down move ( not shown).