Hi All, Sorry working during the daytime so cannot edit the Tradingview.
Last time I said when hit 35.5 we need to reduce the short position which we shorted above 41. I knew there would come a retracement soon.
During last two days, the price retrace super fast due to Oil data. But the price speed up the normal retracement and reduce the time it should be. The price rally too fast which comes to a narrow sharp triangle.
After checking the candle action, I shorted around 38.14 this morning. If price can fall below 37.12, we can add more positions.
PL1:32
PL2:29
Last time I said when hit 35.5 we need to reduce the short position which we shorted above 41. I knew there would come a retracement soon.
During last two days, the price retrace super fast due to Oil data. But the price speed up the normal retracement and reduce the time it should be. The price rally too fast which comes to a narrow sharp triangle.
After checking the candle action, I shorted around 38.14 this morning. If price can fall below 37.12, we can add more positions.
PL1:32
PL2:29
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Related publications
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.