16.12.2016, didn’t exist my short positions quickly enough

Was short since the beginning of the week. I didn’t notice when the recent bottom was reached

2 things that gave some hints:

  • Series of lows with consolidation showed that the price found support
  • Breakthrough above the top of the downward range: good hint at further upside

It was possible to get out after first leg of the new rally. 2nd time the support was resisted + high buying pressure at this level