We have seen a great opportunity to short from the 61.8 fib retracement
or between 50-61.8%.
A good impulse to the downside has been shown, where after an impulse a correctional move is always followed. . Just awaiting the supply to pinpoint the short option.
From here we will zoom in and look for the sign of rejection or liquidity spike.
Target 114.2
2x lots
close 1 at 50pips
run x1 lot to close, moving stop loss.
or between 50-61.8%.
A good impulse to the downside has been shown, where after an impulse a correctional move is always followed. . Just awaiting the supply to pinpoint the short option.
From here we will zoom in and look for the sign of rejection or liquidity spike.
Target 114.2
2x lots
close 1 at 50pips
run x1 lot to close, moving stop loss.