The price soared because of the election and it will drop with the end of the election.
The market has retested the previous high points and structure,meanwhile the 1.618EXT of previous rise locates at the same zone.
A potential double top is forming.
So it may be good to short at 730-736 levels.
SL:above 745
TP1:700
TP2:670 and further more
The market has retested the previous high points and structure,meanwhile the 1.618EXT of previous rise locates at the same zone.
A potential double top is forming.
So it may be good to short at 730-736 levels.
SL:above 745
TP1:700
TP2:670 and further more
Trade active
Comment:
TP1 reached.
Trade closed: stop reached