Price has retested some trendlines, fib, and structure. I'll be looking for price to head back towards the consolidation it recently broke out of. I wouldn't be surprised to see 149 again and potentially further downside movement after clear rejection from higher timeframe levels around 153.
Hi There, i think I missed your trade idea showing that you will short at 151.12
dlbsanborn
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@DerekUweri71, Thanks for following and the comment. I don't wait for confirmation with my trades. I entered at the first test of the levels and posted this after the fact. I took half off at 70 pips and was taken out for breakeven on the second half of my position.
Jamal92
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Its doing similar movements to when it previously hit that high. My target is 147 then a long from there.
dlbsanborn
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@Jamal92, Could be. It's definitely having issues maintaining new highs. Thanks for the comment and follow.