Fibre week of 9 August 2021
Updated
currently at support. chart pattern suggests retracement to 1.1750 then short again from that level to later retest lower levels. currently no signs of a longer term reversal so net short.
Comment
most mainstream media suggesting cpi data will cause breakdown. dont short yet as this may lead to false breakout, stop loss hunt then breakdown later on.Trade active
guess what guys!! we are at optimal shorting zone. going heavy now
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