EU:
PA backtested TL. If PA breaks thru half number now, I think it is a good SonicR short setup. Yes, US open SM could hike price too. That is a SL concern. It should not be a tight SL for that reason, maybe around 1.3410 in case the US SM get real frisky. Right now, the London SM are going to town over this, swinging price up/down/up/down, all in an effort to build a short position. I.E., to coax in longs so SM can take the sell side. Let us see what happens.
PA backtested TL. If PA breaks thru half number now, I think it is a good SonicR short setup. Yes, US open SM could hike price too. That is a SL concern. It should not be a tight SL for that reason, maybe around 1.3410 in case the US SM get real frisky. Right now, the London SM are going to town over this, swinging price up/down/up/down, all in an effort to build a short position. I.E., to coax in longs so SM can take the sell side. Let us see what happens.