ferenan

ferenan

This latest up move was just to liquidate some over leveraged shorts. We are still heading down to at least 17900 in the short term. A daily close over 22000 would take us up to 24000 though before heading down. I think this unlikely though so now is good opportunity to short with a good risk reward. Below 20450 will confirm the downside if you want to be more cautious.

ferenan

Small bounce up likely before further fall. Might just fall from here.

ferenan

Great risk reward

ferenan

long.

ferenan

Expecting a move above 1.11 before further bearishness.