A bearish harami candle has appeared on the daily chart; indicating a possibility of bulls exhaustion.
I decided to go short at the close of the daily candle with stoploss placed 20 pips above the yesterday's high; a risk of 200 pips.
No target is set yet but will trail the profit by 100 pips manually.
Below is the daily chart as of 6 am Malaysia.
UPDATE:
12.45 pm - the beast went down to 147.84; SL moved to BE +1
3.30 pm - closed 1/3 of position at +65
10.00 pm - closed another 1/3rd at 147.00 as the price is approaching the LTL at 146.50; expecting some profit taking at that region by the sellers
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