Simmetrical triangle was broken to the downside. This signals a trend continuation. Stop goes above most recent swing high, take profit is the height of triangle projected to the downside.
Look's impulsive moves up,
Bulls test reactions of the market. I've close my short, bull mode now (for short time just a small correction).
Bulls are impatients my friends.
@momtchev, yep:) if you call nuts anybody who chooses a higher probability scenario...
mbc47
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@Alexander_Nikitin, I was joking dude. You're right.
My original point was: Do not play russian roulette if don't have to.
The probability in the beginning is still - you don't get shot, but why play if nobody is forcing you.