Hey Traders,
When Markets rally and rally on improved sentiment, you get the choice of where you want to short it.
Given you want to short the highest price possible and get long at the lowest price (thus is the art of trading) you can now decide on your entry.
And your liquidation. If you had it long you are at extreme value and you should really think about closing...
That is before more people enter short and more people liquidate their holdings because they are fully aware there is short side market value.
An easy way to gauge how far you have ran to the upside is via FIB levels. That is the best way to use them.
Make a good choice.