Below the Channel
Updated
We are below the rising since the beginning of the year channel. This is important the more that at the same time we are also holding below a level which had been the bottom since January 22nd and the top at January 14th.
Trade closed: stop reached
Trade active
There is no rise after the stopout so that I may consider the downtrend to continue. The more that no new high has been reached during the rise since February 14th.Trade closed: stop reached
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