It's often better to short the clean and clear fallers until they turn.
Follow the trend
till the bend
at the end.
Only then it just might, might mend - or fizzle out - or a DCB
Your point is noted Deshi but my comment was for Mr Charts and as he has opened this thread I'd expect such a note to come from him for me take heed and not someone like you.It'd be great if this thread could be limited to Mr.Chart's extremely valuable comments on his trades and techniques as this thread will quickly become cluttered with irrelevant information and or speculations.
Perhaps a different thread could be started, though there are currently many existing threads where people can discuss different ideas, but I for one, am only interested in Mr.Chart's comments and opinions on this thread.