Looking to enter a short position at 161.200 for a 1/3 RR. 159.800 being our first t/p and holding running positions for further moves to the downside.
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**This is not financial advice. We wish to point out that trading in stocks, currencies, CFDs (Contracts for Difference), Forex, spread betting, futures and cryptocurrencies, etc. (“Trading”) involves a significant risk of loss and is not suitable for all investors; in particular, past developments do not necessarily indicate future results. Please note that the risk of loss in trading can be substantial.**
Comment:
Well we came back up to that %50 fib and then yeeted on past it. We'll be looking for more set ups. But I think the play this week was long. We'll be looking to get in on some pull backs. Stay tuned.