Short term update

UPDATE: the stop for the short term signal is now at 1611

I was wrong about taking profits... The short term support is now at 1606 the gap. The price is testing MA20 and MA50 on the daily chart, on the hourly chart the price broke the wedge trend line and now we have a channel. V shape bottom... I am not really convinced, but we will follow the signs. The short term signal provided nice profits.