Entered short on the break and retest of 11600 @11604
Stops @ 11624
Targeting 11300 = Daily support
If you missed the initial wave, one possibility which may present itself price reaching 11457 which is hourly structure, at which point it will retrace to the 61.8 fib level also in confluence with previous hourly support turned resistance. If this plays out a short at the fib given the right Price Action is present, can provide a nice short set-up.
This is what I'm currently watching.
Happy trading.
Stops @ 11624
Targeting 11300 = Daily support
If you missed the initial wave, one possibility which may present itself price reaching 11457 which is hourly structure, at which point it will retrace to the 61.8 fib level also in confluence with previous hourly support turned resistance. If this plays out a short at the fib given the right Price Action is present, can provide a nice short set-up.
This is what I'm currently watching.
Happy trading.