I shorted immediately after seeing a double divergence @ strike price 208 as a result of my impulsiveness, price of CP shot up to 210.5 and i was at paper loss of 150 momentarily.
But having a declining MACD backing me up, i just stay on and wait patiently. Took my 50% profit when price hit 50ema yesterday.
Two important candlestick pattern at the top. Bearish engulfing and Evening star.
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