I think its still early to go short, there is bull power on D/4H/1H charts ... I am looking for short between 96.50 to 97.
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Disliked{quote} I don't know to say until will be there ... I need to see how the price arrive there (if so), until I will not see change in balance power between candles I will not go short. But, that is how I workIgnored
Disliked{quote} your strategy is looking complex one to me. anyhow some body said on this tread that if we reach 96 short will be FREE MONEY. but nothing free in forex. price action is looking to upside.but at this level i am taking chance and if it breaks 96.6 then i will be flat and may not be able to take position soon. but i am also watching brent oil too.where price action is not strong enough to upside.Ignored
DislikedI don't mean to impose on anyone, but I'm fairly positive many folks here bought below 92 or around there early Jan and initially gave the stop below either at lows or below 91. I personally took a trade at 91.26 long for an intraday technical scalp and haven't touched it since. But for the traders who said this was going to mid 94,5,6s or so, it might be smart to look back and see if changing stop from initial entry was smart / justified with your trading thesis. And now what was suppose to be some sort of profit taking area from your initial longs...Ignored
Dislikedbig short right now at 96.74, oil price is crazy, wth just happened in the world, did a war just started?Ignored
Disliked{quote} Razi why you are so hurry to take short ? look at the 1H and 4H charts ... {image} {image}Ignored