Just a few more drops....

[Shaun69]

then im in for a short. Going to wait to see if it breaks 13470 because of the descending triangle

[manere_fortis]

Unable to break thru resist trendline @ R140 today. Bearish d/verge stoch + RSI on 1hr. Weaker from here for a bit? Lets see what morning brings.

[THRESHOLD]

The danger is - it breaks the line - more shorts come streaming in - it "plummets" all of 5% - stops - the shorts race for the exits. It breaks back through resistance and flies as all of the weak hands are gone. I would far rather wait for an entry point for a long position. Shorting scares me...

[#4]

Hear hear!

[manere_fortis]

Ja, I guess you are both right, TH and skaap. Thanks for your comments. I will look for a suitable exit for my short (if I don't get stopped out first)