DislikedHi Strat,
Shooting Star on NZD.
Big Boss and Boss are UP. Is this a good example of when to take profits if you were in the uptrend and not an opportunity to short at this point?
This would be in contrast to the USDJPY ATM trade you talked about yesterday (which was in the direction of the Boss and Big Boss trend).
CorbettIgnored
However look back on chart. Weekly bar is not a test (yet).
On 14/8 there was a similar daily test bar & price only retraced for 1 more day before continuing up.
76% weekly fib is at 7425 so maybe thats a target & theres more to come.