Perfect short opportunity on the Loony off of the daily highs here. Momentum is still screaming higher, so I will be cautious with taking profits and not expect an all out reversal here. But we should see some rejection before price will break through the highs.
Comment:
Katching. Taken profits despite the large spread. Luckily we hit our target after paying the spread.
Trade closed: target reached:
Done and dusted.