Very risky short again due to high bullish price action we seen this week. But would be nice to catch a 1:5% RR quick. High risk guys so manage the trade correctly. or just wait for buys, as buys is the correct direction. Also, i could see it go and do 10% but as I always say 5% is just fine no need to be greedy!
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Advice: give your Stop Loss some breathing space due to spreads as its a very tight SL! So maybe above that high on the left. But if price just goes higher which can easily happen as we are going against the current trend. But we have gained round 20% this past 2 weeks so losing -1% which could potentially give +5-10% is totally worth it.
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SL just got hit.... very minor onto the next one!
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HAHAHA how many times have you guys seen me be right about the direction but just entering early. Anyways like I said above from the start buys is what we really want. So lets see what price gives for longs!
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Look at how it also reached our far down side target as well showing the accuracy of our bias and feel for the market.
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BE READY FOR THE LONG!!! Buys should be around were our down side target is... let it unfold.