Anticipating a move lower to the anticipated targets.
Stop at 16812.1
Key anticipation: we have several news drivers in the London Session which could possibly prompt as reversal.
Annotations made in the chart.
Once the stop level of 16812.1 is taken, the idea is invalidated.
As always, manage risk and conserve capital.
Stop at 16812.1
Key anticipation: we have several news drivers in the London Session which could possibly prompt as reversal.
Annotations made in the chart.
Once the stop level of 16812.1 is taken, the idea is invalidated.
As always, manage risk and conserve capital.
Trade active:
Still holding shorts, unless we have a clear close above the range
Trade closed: stop reached:
Closed, Idea invalidated.
We have a breakout on the upside. Shorts may be favored in New York.
We have a breakout on the upside. Shorts may be favored in New York.