The short-term cycle is on the backfoot. Given the strong rally of the whole market is the last couple of weeks, a quick downside reversal on a local scale is highly likely at this point. We're firing off a short position, targeting the key-level support at 4.125
Trade closed: target reached
Hitting primary target of 4.125! Case closed!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.