UJ Short retracement
Updated
Markets overbought and into structure (Look in comments for wider picture) Looking for a small retracement into 111.30's a very small risk high reward trade.
Also looking for a long at the .618 retracement which has acted as a good level of resistance which should now become support.
I will update on how it goes!
Good luck out there
Also looking for a long at the .618 retracement which has acted as a good level of resistance which should now become support.
I will update on how it goes!
Good luck out there
Comment
1hr is confirming its want to go downside previous structure lines up perfect with .618 for good profit taking and entrance into long positionDisclaimer
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