after hitting our TP on 111.37 we short at the same point now we expect a huge fall from that price witch will continue in waves up and down during days before hitting our final TP 101.60.
PS : notice that 111.37 is a powerful point our stop is very short =max of 40 pips and this position is a swing one witch will takes days and weeks before our TP.
PS : notice that 111.37 is a powerful point our stop is very short =max of 40 pips and this position is a swing one witch will takes days and weeks before our TP.
Comment:
this analysis remains good as you can see the price bound from the horizontal line we advice the following : get out of this position and beging buy positions now at 109.70 we'll seel again when it reaches 111.37 otherwise keep small lots of selling from 111.37 and close the rest we expect the price to go up again
Comment:
great position so far still waiting for the big move down good luck