Appears overdone, may have a little more upside but likely not far above if at all above our horizontal resistance line at 89.21. Could wait for a reversal pattern to confirm or place a sell above at resistance, else take a small position here and add at or near 89.21 or on reversal confirmation pattern in this or lower time frame. In addition, short of a pretty large further rally, there is nice daily divergence forming not to mention a potential wave pattern developing.
Note
OOOPS NAILED THAT ONE TOONote
I will have an order in to take a partial at 86.10Note
A few hundred pips is good on a partial, let the rest ride with a SL at BE on the remainderNote
I think probably going a LOT lower
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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.