Just a bad trade....... I was 120% sure this was it..stochs are oversold, force index is flat but more importantly on the smaller TF i.e 1HR/4HR i do not see any buying...everything to me is pointing down. This might just be a case of pulling the trigger too early but let's see how far she actually gets.
Clearly selling now was just the wrong strategy as buying continues..especially as oil is down...but i cannot bring myself to buy this..I'm not happy to take the loss but it happens..
I will now wait for another sell trigger but buying this is definitely out of the question.
Happy Pippin
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