This is a pretty simple one, a which is coming up into previous structure highs. A look on the will show you this this is a powerful structure level as well. Yes there are higher high's looking back to July 1st, but remember as counter-trend traders we're only looking for a slight retracement not a full reversal to take profits off of.
With the hot streak to start the week, it's common to be hesitant when the next setup arrives fearing that you may give away some of the profit that you've already earned. It's important to stick to your gameplan and not let those emotions get the most of you. Yes you may give some back, but you also may add to your take. My advice, don't think and just do.
For more on the hot start to my week check out my latest blog post