I have always emphasized shorting around 1840. If it effectively stands above 1850, I'll cut losses, with the target looking down at the 1666 area. If it breaks below the 1666 area, then continue shorting, let it go back to where it came from!

Some people can't even wait for a 15-minute candlestick, and as a result, they get stopped out. I have nothing to say. Trading is not just about placing an order; ineffective stop losses are simply giving money away to the 'market makers'.

Can we reduce our positions now and move the cost up for defense? I don't know.

But if it breaks below 1777 and fails to rebound, can we add to our short position on the right side? I also don't know!?

If the position stops out, I will pin it at the top of the post.