Short the fib retracement
Gold +1.57%
VIX +6.5%
Coronavirus Live Updates: Italy Locks Down Region After Spike in Infections nyti.ms/2VbjqGt
Coronavirus Spreads Outside China as Worries Mount wsj.com/articles/coronavirus-spreads-outside-china-as-officials-worries-mount-11582473370
ASX is reacting too, to get in on the downward movement we have to be a bit more patient though, wait for some retracement from the shock.
VIX +6.5%
Coronavirus Live Updates: Italy Locks Down Region After Spike in Infections nyti.ms/2VbjqGt
Coronavirus Spreads Outside China as Worries Mount wsj.com/articles/coronavirus-spreads-outside-china-as-officials-worries-mount-11582473370
ASX is reacting too, to get in on the downward movement we have to be a bit more patient though, wait for some retracement from the shock.
Note
Well missed this train, will aim entry on another time - there is always another trade, I do not recommend chasing bottoms.Trade active
Ah I thought this was my AUDUSD idea :) I actually chased this one a bit as it was so strong momentum but still very high likely hood of further losses as I got in at 6982.15 SL is the same but I had to zoom out to weekly to find a good target as the first support snapped like crisps. Got a bit more ambitious given the momentum, 1st target (2/3 pos.) on weekly chart ichimoku baseline (red) next one is the top of the cloud with SL moved. 
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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.