Updated

Rune - 3$ -> 5$ -> 2$

Pretty much says it all :) Will be trading Rune exactly as I have shown in the chart, two trades, nothing more. If I am wrong so be it, no one can predict the future, but this chart begs for a relief bounce. Don't think it will go much higher than 5$ though. End of analysis, keep it simple and stupid and don't overtrade!

Stay safe!

Trade active

Not quite 3$, dropped a bit after weekly open but not where I wanted, lol. Anyway, trade active, entry ~3.2$

Trade closed manually

Closed. Close enough for me :) Now we wait for our 5$ short entry.

Trade active

Short position opened. Invalidation 6$

Note

So far perfect play out :)

Trade closed manually

Closed the short from 5$, good enough for me :)

Now we wait for a lower high.

TV288

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TV288