I see gold being very weak, DUST and JDST bull coiling.
Set up: bull flag
Entry: I buy tiny pull back to flag support
Stop: right under the low of bull flag at 16.50, also 50 SMA
Exit:
1st - at bull flag resistance
2nd - round number
3rd - next wave up
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-05-24 14:00:00 | DUST | buy | $16.650 | long |
2016-05-24 14:10:00 | DUST | sell | $16.800 | long |
2016-05-24 14:23:00 | DUST | sell | $17.010 | long |
2016-05-24 15:18:00 | DUST | sell | $17.240 | 0 |
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Nice trade