The lose stop hunt is in case there is a fake break down to the 131.4 region followed by a rapid pump. A tighter stop with more lev can be placed at 132.25
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Meant to say lose stop
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132 rn. Good place to add with last place at 131.5. Below 131.4 idea invalidated
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Momentum seems to be strongly bearish still with out much bounce follow through so best to exit 1/2 the long and add lower. Bears still in control though so a hedge should strongly be considered 1/3 the size of your long to minimize losses.
Trade closed manually
Better to close long for now since price has yet to bounce. A small short can also be considered since bearish momentum still in play
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