Short the fib retracement

24 Şub 2020

Gold +1.57%
VIX +6.5%

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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.

24 Şub 2020

Not

Well missed this train, will aim entry on another time - there is always another trade, I do not recommend chasing bottoms.

24 Şub 2020

İşlem aktif

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.