Triangle on 4hs

2018년 8월 14일

I always like to draw my charts in the morning, first thing. It helps me improve, seeing how they play out during the day, and being able to point out mistakes or, sometimes, successes.

As for AT, after tomorrows trade, which I closed for a decent profit (actually, my SL went off and was still able to get some good money, since my entry was more than decent) this morning I drew this on the 4h and, oh surprise, it holds up pretty well on 1h and also on 30m. This makes me confident to short here, since my favorite setup is ema9 and sma20 crossing, along with a previous macd crossing on shorter timeframes.

As far as fundamentals (AKA, "my gut"), while I expected yesterday to finally break down in a bloody way, and it didn't since the bottom kiiiinda held on (for which I'm glad, don't get me wrong); I still don't think we've finished falling. So I am expecting at least another visit to 5800, maybe even lower.