I think if you short, it will be a short term trade. This down move is close to the 0.5 level of the fib.
UnknownUnicorn180388
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@ferreira70, it's certainly possible, if ignored meets the rules we will be in.
Pirate_Hook
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To, aren't you afraid spikes in you entries breakout strategy ? Wouldn't pullback as entry be better option ?
UnknownUnicorn180388
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@Pirate_Hook, Very good question, but the answer is no.
I set my orders in a location that allows for false breakouts, now that doesn't mean i wont get caught over a period of time by false breakouts, however i am confident when i get triggered the significant levels have been broken.
Good weekend