Good position to watch out
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DislikedShit, still in negative, after a 200 run there is still upward force!!Ignored
DislikedYo City,
You are selling against the trend. The buildup is still higher on the predominant hourly trend, with higher lows at 129.98, 131.32 This take precedence over smaller price action on smaller time frame or smaller formation of lower highs as seen in your prior chart...
Chances are it will test 134.00 For it to go lower, it must break support at 129.98. If it doesn't go below 131.32 after testing 134.00, it will try the next higher peak at 135.38Ignored
DislikedThks mate,
Still holding on this, now around -15, see whether I can get out around 133 r/n (waiting for retest) within next few bars, otherwise sharp cut to sleep
Cheers
CityIgnored
Dislikedout 1/3 position at -3p, downward movement now, seems to be continues....Ignored
DislikedPrice has hit resistance level. It is possible to have more retracement to 38% level at 132.57 before price moves off, just that you would have to keep your eyes prised open ....
I can't anymore .... ZZzzzz ZZZzzzz
Good luckie for your remaining 2/3Ignored
Dislikedout 1/3 position at -3p, downward movement now, seems to be continues....Ignored
DislikedYo City,
u overlook 1 aspect. This price level is the 6mths high. And this is just the 2nd test since 6 mths ago. This resistance will hold definitely. And it is not a good idea to buy into a strong resistance level at least for now.
Conversely a short might be good instead.Ignored