Hello guys,
price has just breakout from a retracement of 0.786% fib. The CTL was also retested in 4h, this is a good sign for a new short. The short pressure is still intact.
Price was also rejected from a monthly trend line during the election of the US president.
My target is the D extensions in conjunction with monthly low.
Trade with care whit this high volatility.
price has just breakout from a retracement of 0.786% fib. The CTL was also retested in 4h, this is a good sign for a new short. The short pressure is still intact.
Price was also rejected from a monthly trend line during the election of the US president.
My target is the D extensions in conjunction with monthly low.
Trade with care whit this high volatility.
Trade closed: target reached:
Target reached, happy trading!
Stop loss moved to breakeven.