Hello everyone!
On my last analysis I initiate a short position, check this link:
Now, I come with the update:
- The price is at the last low point and in the 50 Fibo level, I am thinking to close 50% of my trade and leave the rest in market!
- My other 50% position left in market i will secure because we already sell from price 235 and I am looking for Fibo 61.8 - 66 Level, at price 195 - 189 because we have an important psychological level near (200).
If you want to go more deep, you can go for 100% of the Head and Shoulders patter at price 175.
Enjoy and have a great weekend!
On my last analysis I initiate a short position, check this link:
- The price is at the last low point and in the 50 Fibo level, I am thinking to close 50% of my trade and leave the rest in market!
- My other 50% position left in market i will secure because we already sell from price 235 and I am looking for Fibo 61.8 - 66 Level, at price 195 - 189 because we have an important psychological level near (200).
If you want to go more deep, you can go for 100% of the Head and Shoulders patter at price 175.
Enjoy and have a great weekend!