DislikedI entered aggressively early and have closed 50% of position at +30. The rest will run with SL at BE.
15 min trend is down - don't fight it.
Eyes open for more short entry points using Sho's method.
RobIgnored
Two other short positions also open.
Below is what I see on the 4hr chart.
Take a look at a daily chart to be reminded of yesterday's bearish engulfing outside bar.
The UK budget is today and the headline is; "The toughest package of tax increases and spending cuts in a generation is expected to be unveiled by Chancellor George Osborne in his first Budget."
Let's see what affect this has on the market.
"Take care"
Rob