A conservative trader shoould wait for a confirmation break of the neck line before shorting, i personally am already building a position. Do not trade on chart patterns alone as they are historically unreliable. However this set up seems juicy, lets see if it plays out or is this just a fake to trap bears? Good luck to all,
Red Boar
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We have a break below the neckline...as always I am wary of fakeouts but so far teh shorts are paying off!
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I had my stop loss at 1255...this thing went to 1248 on a stop run...LOL thank you to the short gods
@aklang, Dude look how insane that shit is...total PND stop hunt liquidating retail noods...I mean it is predictable as you know...the fact that peopel belive somehow this is the "future" is scary tbh. This is the wild west on steroids lol