southwards again??

Since the trend is down, I stayed out during the 300 pip upwards move and patiently wait for the bulls exhaustion.

I went short when the price broke the ascending wedge slightly before London opening; and now already in green.....

Below is the hourly chart at 3 pm Malaysia.

UPDATE: Price managed to drop about 90 pips before good CBI Realized Sales data at 5.30 pm pushed the beast up...


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