This is just an update on a smaller time-frame for the related idea (link should be below)
Seems like a reversal zone here. Good place to add to your shorts or a good place to short if you missed the original entry.
Seems like a reversal zone here. Good place to add to your shorts or a good place to short if you missed the original entry.
Comment:
As always, the red arrow doesn't predict exact price or time. It is there for general direction and simplicity only.
Comment:
Stops above 0.7435 (50% mark)
If price decides to hit here first, then it's just another opportunity to get more shorts in and more profits.
If price decides to hit here first, then it's just another opportunity to get more shorts in and more profits.
Comment:
Managed to take a nice healthy profit with the last move. Looks like price is going for 50% mark as mentioned above first. Trade with care and see related idea.
