Shortterm long

7 Nis 2018

we broke most downward channel. Only in a weak zone of the big downward channel which started at 11.5k So it looks good for a local uptrend.

7 Nis 2018

Not

If we don't make the next push until the while trendline I will reduce my long position by 50% which I took out at 6600. and will watch for signs of a distribution phase.

Every trend builds momentum and side ways action breaks momentum which makes trend reversal possible.

and will watch out of signals to break down again.

7 Nis 2018

Not

the test down with a strong rejection is a good sign for long. but I stick to my timeplan so if we don't break out next 45 minutes I reduce my position like I wrote before.

7 Nis 2018

Not

perfect jump into the channel with the setup test down.

another profit target reached

7 Nis 2018

Not

You see initial target perfect reached just with another swing of the white trendline as I updated. So now we should go a bit sideways again and see if we can break higher. I only have 30% of my long position left. I will observe and keep you updated.

The volume wasn't as high as I hoped on this push. So my call would be another small push up and then retracement and evtl. start to move down again. but will keep you updated So far all profitpoints reached today.

7 Nis 2018

Not

I am still 30 % in my long position. my last target is 7080.

We are flagging here a bit and we should break out in one of these points:


We tested this trendline already so we should have a good chance to break it.

7 Nis 2018

Not

if we fall below 6950 this uptrend is over

7 Nis 2018

İşlem elle kapatılmış

we left the strong upward channel marked by the white line. That means there will be more side ways action coming before we make a move.

8 Nis 2018

Not

weak test into a weak breakout. explained why there were so many mixed signals. Already back in the range