Now, by taking this profit it DOES NOT MEAN I don't think it will continue higher. I do think so. BUT I what I don't know is how far will any retracement back down could go before it starts going higher again. IF it does. There's no guarantee it will. So that is why it's wise to at least bag some profit off this nice move. I'll let other half ride for more profit up if it does continue higher.
But what I do think will happen is that prices will retrace somewhat here and then go up again to fill that . Let's see.....
Year-to-date Profits: +5,794 pips.
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