Looking for a move lower to develop soon to target the 101.84 level at minimum. There are many levels to the downside that could be targeted if price action breaks down below that level. With that said, being short here makes a lot of sense.
Trade active
Adding to our short position at the current levels of 103.7 while still targeting the 101.84 level to the downside.Trade closed: target reached
Price action took the long way, but we patiently awaited our target level to be hit at 101.84. Took a few days longer than expected....
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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.