I've been short. Still believe there could be further significant correction mid to long term. (See related ideas for further justification of short and long). I would not go short at this level. Side lines or long is the only option, in my opinion, at this time. I've opened a small long position. This is a higher risk trade.
Trade active
Long trade still active. Adjusted SL to ~breakeven. Will probably make additional adjustments. Current TP is on chart, but I will also let price action determine TP.
Trade closed: target reached
TP hit. Nice trade. Make $$$ going short, then reversing and going long.
KEEPING SCORE: WIN
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.