Replies to post #135252 on Simple's Green Room

[quanticopious15]

I don't know that you are Heavyweight......yesterdays daily candle was a textbook doji. It bounced off an ascending daily trend line at support. It also bounced off the 88.6 fib line on the most recent daily wave between 1.381 and 1.468 top. I'd go long too if price hadn't already moved up 100 pips today. Pennies just might prove us both wrong though. I'm short but with a very small position just in case he's right which will put a little in my account and if he's wrong, well then I'll double down at the 38.2 fib line on that same daily wave I mentioned and make it up on any pullback. UCAD is way up there on the weekly chart and has lots of room to quickly move lower on it's way to one of the distant fib retracement levels and if price makes a double top, on the daily/weekly chart, I'd consider exiting any long position or at least keep a stop in place as you test new highs which are also very possible on the weekly chart. The more I look for them, the more I see how SG is right on in waiting for them to present for a high odds trade for himself.