Hey guys,
So I entered this short on Friday @ $59.56. My stop is at breakeven (could see one more spike up), but this is looking like it's going to absolutely drop. Even if we see another spike up, I'll re-enter cause this R:R is too nice and it's a high probability structure.
Be careful for FOMC tomorrow - I believe this is where the momentum will be coming from.
So I entered this short on Friday @ $59.56. My stop is at breakeven (could see one more spike up), but this is looking like it's going to absolutely drop. Even if we see another spike up, I'll re-enter cause this R:R is too nice and it's a high probability structure.
Be careful for FOMC tomorrow - I believe this is where the momentum will be coming from.
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