sizabici wrote: Mon Jun 19, 2023 9:41 pm
I understand! Let's see how it develops. Your point of view makes sense... but I am already in this sell trade .... and I don't mind if it will drop off to S1 0.85143 first and then will follow your description of possibility

this trend wave is still under the balance line and level of 50 on TDI so it is still possible to see this scenario as well.
Ok... I am out you convinced me. I will cut my loss.
Good,
Don't be afraid to cut your losses. We should always, to the best of our ability cut our losses quickly and let our winners run
When I look at the chart I see a lot of buy-side liquidity and price inefficiency that they possibly would want to collect before dropping either tomorrow or Wednesday. And there is GBP CPI on Wednesday

Of course, this is just my own personal observation