Current price 57.25 Stop 52.95 First Target 67 Second Target Your trail of choice Probable rate of success, 94% ( wont go into details )
I'd cover if that was the case, or at least not hold it too long. He has an annoying habit of being correct.
Frankly, I don't really care if he is right alot or not. I do just fine trading the way I trade. If I get a short set-up I take it.
What time frame is that exactly (we cannot see a thing on your chart)? The descending channel itself does not even seen like a real channel with a real breakout. And even if that's the case, watch out for a possible nasty pullback...or two (assuming we are indeed witnessing a breakout in progress) "Probable rate of success, 94%" Oh please, come on now...