I think we will come down to 99.8x-9x level early next week and we will get a bounce upwards. if the bounce is impulsive upwards and takes out current highs within 16 hours then we are continuing the upmove. If we get a corrective bounce, then likely we head down to at least 98.5 level.
Trade plan: long at 99.8x region, and watch what happens in 16 hours. if strong upmove - hold, if corrective bounce, sell and go short; if price continues heading down, hold longs and wait for a bounce to determine whether to exit.
if we don't get the correction and instead gap up and continue moving, then will have to re-evaluate.
Cheers.
Trade plan: long at 99.8x region, and watch what happens in 16 hours. if strong upmove - hold, if corrective bounce, sell and go short; if price continues heading down, hold longs and wait for a bounce to determine whether to exit.
if we don't get the correction and instead gap up and continue moving, then will have to re-evaluate.
Cheers.
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