The price surged higher but met resistance, then a reverse upward move in the air. After a 2Z blow-off that pulled up more than 30 points, it became clearly unable to keep rising. A rigged ‘dog’ outfit pushing the price higher is just luring traders to sell at the top for distribution. The profit-taking is extremely abundant—at any time they may dump and trigger a stampede. Going short in line with the trend is the way to go.
Entry: 0.0730 – 0.0740
Take Profit 1: 0.0680
Take Profit 2: 0.0630
Stop Loss: 0.0780
$2Z
Entry: 0.0730 – 0.0740
Take Profit 1: 0.0680
Take Profit 2: 0.0630
Stop Loss: 0.0780
$2Z
