What a nice drop!

I was out too quick for shorts but that's fine... That drop is massive. The move is NOT OVER! This is a non-confirmed analysis. Very risky (risk of catching a falling knife). Never the less the message is clear. There will be a retracement of 38-61%. I am a bit worried of the overheating sold situation. So, there could be another minor low after short recovery....

Also, last ATH will support.

I am long with a small position. Tide SL if profitable.

Kommentera:

Closed with fair profit