Just had a nice short position on this pair - Gartley
completion with a double top
divergence at an area of daily resistance. Came close to hitting second targets at the 61.8, hopefully we will hit this on the way down to the Cypher
completion. Might be looking into entering a long position here based on the strength of the previous pump upwards. Even though that daily resistance level
seems to be holding well, based on the results of my back-testing, support/resistance
often fails on the third attempt so we shall see. Profit taking at the 32.8, 61.8 Cypher
CD, daily resistance, or let it run higher?
Or I'm completely wrong and we start looking for shorting opportunities :)