at : 23.6% Fib retracement : 0.8914
50% Fibonacci Fans .
Divergence between price and .
I have two targets: 0.8956 and 0.8930
Stop Loss should be at : 0.9150
I will SHORT AUDUSD to 0.8956 first, and 0.8930
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The thing I'm struggling with is the goal of UC pair. I cut most of my long position to wait for retracement, and I have no idea where is this going to end(I do not deal with one-sided trend normally, but UC seems breaking all resistance).
I see AU can go up as high as 0.915 and down to around 0.85 as first stop, do you think it's a good idea to place a short limit order below 0.89 in waiting for the last shooting up next week?