No change in view.
I will adding short above 127 (let's say 127.27) when seen.
The market is still overextended, but one should consider the market to be not very liquid today and moves can be a little unexpected.
The idea is that coming weeks we will see the correction, as we are analyzing a weekly chart.
For new positions we SELL current 126.50-126.80 and for existing shorts @ 127.27. The profit order is:
1. BUY back 30% at breakeven 124.77 for now
2. Balance @ 120.17 for now.
I will adding short above 127 (let's say 127.27) when seen.
The market is still overextended, but one should consider the market to be not very liquid today and moves can be a little unexpected.
The idea is that coming weeks we will see the correction, as we are analyzing a weekly chart.
For new positions we SELL current 126.50-126.80 and for existing shorts @ 127.27. The profit order is:
1. BUY back 30% at breakeven 124.77 for now
2. Balance @ 120.17 for now.