DislikedI would not treat it as downtrend as long as it stays above the market ORANGE LINE. Although, since you missed the initial setup, you can enter on retracement, which will allow you to have very small stop loss. I oftentimes do that when setup is against the trend. Just never chase a trade.Ignored
".... Although, since you missed the initial setup,...." - Domas4
Folks, this trade Domas4 made was not a SonicR short trade, obviously because at the time of entry the Dragon was not angled down, and PA was not below the Dragon.
The first valid SonicR short setup does exist now, but PA seems to be into consolidation (waiting and preparing) until upcoming USD high impact release in just under 1.5 hours.