DislikedHi Guys, It seems the 50% Fib retrace at1.1316 was enough for bulls. I have entered some short trades with a tight s/loss with all long trades closed at a decent profit. There should be a retrace in this move and enough time to get in on more sells. Reversal thursday once again doing its thing. I will post a chart later. This happened so fast and I need time to gather my thoughts. For now my weekly support 1.12372 All the best CheersIgnored
Of course anything can happen and we are due for a retrace as per my 4hr chart, having said that we could be in for a new short cycle as per my chart. Therefore retraces would be a good opportunity to add more sell trades at this point in time. Trading never is easy.
All the best
Trade to trade another day