Desperate Times Call For Desperate Measures The retail order statistics were already hinting that this extended rise was coming so we must be prepared: I will be extra patient with my sell order because I know this happens all the time where people lose hope and then trend reverses! To know where the limits might hide I cloned a potential resistance box that I projected to next week based on previous area.. I personally have some ideas but I have to study a little more before I talk about them.. All I can do for now is giving you a quick look at...
I'm also short above 1.2000 and added some more on top H4 box.
I usually trade base on weekly and monthly charts and use H4 as entry points.
I'm definitely agree with you. Bears need to hope losing of retailers on short side to provide liquidity.
I see H4 is losing it's momentum and bears came to it around 1.1985 but couldn't find enough opposite direction to activate short orders.
Lately PA on top H4 box wasn't a bull ride for making profit of higher prices in my opinion.
btw I also held my shorts and will not add longs to hedge. Because experience has proven to me with hedging you will have trouble with two sides instead of 1.
Trade to enjoy... Money is after!
...so, what way it can go first ? 
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weeks to even months before price gets back into these longer term levels of great importance. But that is historically. And the big boys always find new tricks to get their $$$$$.
