We have a strong swing back DOWN in the past 2 days and the important info here is it is back to the range region again.
The move proves that the recent swing up is very possibly a fake break out.
So, try not to chase aggressively with short, it may go range (or) even swing back up as high as 134.80.
Stay on the Bear side but take it slow.
All the best.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
The move proves that the recent swing up is very possibly a fake break out.
So, try not to chase aggressively with short, it may go range (or) even swing back up as high as 134.80.
Stay on the Bear side but take it slow.
All the best.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
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