Last time I said when hit 35.5 we need to reduce the short position which we shorted above 41. I knew there would come a retracement soon.
During last two days, the price retrace super fast due to Oil data. But the price speed up the normal retracement and reduce the time it should be. The price rally too fast which comes to a narrow sharp triangle.
After checking the candle action, I shorted around 38.14 this morning. If price can fall below 37.12, we can add more positions.