Entry: 129.84 SL: 130.60 (just above prior resistance; as well, I wanted to set my SL above the psychological barrier of 130.50] (76 pips) TP: 128.60(almost 2:1 PL) (124 pips)
Reason for entry: trading with the trend, entry on retracement
NB: SSI is at an extreme here. I'm thinking there are a lot of retail longs, yet a lot of institutional shorts...who's going to win in the battle of bulls and bears??? I'll put my support behind the institutional shorts anytime.
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