BEARS SAD

8 Nis 2018

so i see lots of the stupid bandwagon bears telling their followers to short this wedge. The concern is something that looks like a low volume breakout, but in fact it is morphing in to a bullish pennant.
The logical thing to do is to go LONG here, but be cautious as always. Falling wedges are no signs of reversal, so keep your targets moderate. But don't SHORT

8 Nis 2018

Not

Small bearish divergence on low tf, it doesn't look great for this breakout.
I'm sitting on my long a bit more but watching closely, bears might take it back soon.
Shorts keep piling on to record highs!

9 Nis 2018

Not

Been in a small surgery so had no time to update. But there was a quite abvious bearflag there which broke down, i'm adding to my long here on the retest of the wedge.

9 Nis 2018

Not

there is a quite decent bullish divergence here, as stated i decided to add to my long here on the retest of the wedge.

But as always be cautious, i'm not calling for reversal or end of bear trend yet. But a good bounce atleast is in the making.

9 Nis 2018

Not

time to go hard, note the hidden div too.

9 Nis 2018

Not

the divergence

10 Nis 2018

İşlem elle kapatılmış

I'm abandoning this trade here, can't ignore this bearflag.
Bye felicia, try again