10:44Big rally from RISK low @ 5785 straight into RISK high @ 5842
Entry Shorts 5832 stopped 5839
Re-entry Shorts 5838 after hitting 5842
Stopped 5845
I was Looking for an R44 completion down from this level and hopefully not a rotation upwards into the 5-day 50% level.
Because if it did rotate back down, there was a good possibility of a further push down into the Yearly lows, as it follow the overall 5-day pattern lower, which is what I want to see before any major reversal upwards, as per earlier post….
I will look for 1 more short trade today…..(maybe it’s a losing battle)
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