No change in view.
The market is extremely overbought short-term, and for that reason we have carefully scaled in SHORTS. the average now 120.49 with reasonable leverage. The strategy for NEW positions to sell CURRENT @ 121.00 area and increase SELL @ 121.40 etc.
For now profit order is 25% @ 120.49 (you can change this according to your short average) and the next 25% @ 119.88 and rest @ 119.18 for now.
The market is extremely overbought short-term, and for that reason we have carefully scaled in SHORTS. the average now 120.49 with reasonable leverage. The strategy for NEW positions to sell CURRENT @ 121.00 area and increase SELL @ 121.40 etc.
For now profit order is 25% @ 120.49 (you can change this according to your short average) and the next 25% @ 119.88 and rest @ 119.18 for now.
Note
we add SELL @ 121.70 when seenNote
added @ 121.87 in stead... lucky me this time...
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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.