>The institutional bears who were selling since 1.1096 level has finally come to clear their existing positions.
> This will push the price up.
> normally 50% retracement level is where the positions are totally cleared, but it is difficult to trade the UNLOADING OF POSITIONS.
> So we can trade moment by moment.
>lot size should be half than normal because we are trading risky spots here.
>STRICT SLs.
ALL THE BEST
> This will push the price up.
> normally 50% retracement level is where the positions are totally cleared, but it is difficult to trade the UNLOADING OF POSITIONS.
> So we can trade moment by moment.
>lot size should be half than normal because we are trading risky spots here.
>STRICT SLs.
ALL THE BEST
Trade closed: target reached:
Target 3 achieved.
Comment:
105 pips + profit running