I am not an expert here....But let me give my humble and simple technical analysis based on 3 different FIBO plot (different TOP and BOTTOM) and 1 SMA and MAJOR DOWNTREND:
1hr FIBO stands at 50% 231.61
30m FIBO stands at 50% 231.37
15m FIBO stands at 50% 231.24
4Hr 5SMA stands at 231.36
15m major downtrend BEARISH
So, I was taking short at 231.50 ...TP1 to lock profit 230.97 (even though it might get back to 229.50), just in case i am wrong...any comments from sifu?
1hr FIBO stands at 50% 231.61
30m FIBO stands at 50% 231.37
15m FIBO stands at 50% 231.24
4Hr 5SMA stands at 231.36
15m major downtrend BEARISH
So, I was taking short at 231.50 ...TP1 to lock profit 230.97 (even though it might get back to 229.50), just in case i am wrong...any comments from sifu?