Update following opening of short on USD/NOK
This one is working out just fine. Entry level short taken at 8.548 level, and i was looking to scale further in on a pull back to the 8.60 / 8.65 area, but just picked up and dropped with the price of oil. If only all your trades could go like that!
Now looking at a possible retrace back to the Blue Dash Line = previous support, where I plan to open a further short position. Target remains the same at the green area at 8.03 - 8.0 level. Stop maintained at 8.7, which I plan to move to the 8.62 level on Monday close.
Now looking at a possible retrace back to the Blue Dash Line = previous support, where I plan to open a further short position. Target remains the same at the green area at 8.03 - 8.0 level. Stop maintained at 8.7, which I plan to move to the 8.62 level on Monday close.
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