Simple idea, trade after retract. you all can/already short at 38.2% and target will be 1.618%. However I still waiting 1hr EMA 6 & 12 crossover then only short it. This is my strategy, you can ignore my entry if you think it's too late. no wrong or right here.
Thanks, this analysis is for my self reference.
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I will not in due to important news release tonight.