Awcharts
Ifmyante certainly did not short this. You are taking this chart out of its context.
The original chart and the short were posted by a student asking why his short didn't work.
This chart is the correction by IF. He shows the important engulf missed by the trader.
And yes because of this engulf the correct trade was a long.
Ifmyante certainly did not short this. You are taking this chart out of its context.
The original chart and the short were posted by a student asking why his short didn't work.
This chart is the correction by IF. He shows the important engulf missed by the trader.
And yes because of this engulf the correct trade was a long.