seek an opportunity to short the mid fig monday-tuesday.
Kommentar:
the fiber is a painting of hope and greed right now ! first it did broke the neck giving us a "too good to be true" trade everyone is jumping sell on fiber with a sL above the recent high (bearish engulfing) adding more sells on the fakeout , so price will hunt all the SLs , trap new buyers providing liquidity for institutions and as soon as price comes back to the blue zone wich represent a bunch of unfilled orders fiber 'll sellof.
Kommentar:
as i told earlier ! fiber fucked all the hurry sellers ,and there is definitely traders whom waiting for a pullback to buy or even bought the bullish rally .. now price got rejected with a high volume shooting star ! im still bearish on this pair and the 1.167 is critical lvl to look for the 1st target !