With expected dollar strength we wait for this short term strength in cable to get a good entry short. Entry from resistance at 1.5195 at the 61.8% with stop just above next resistance and our first target TP at recent lows gives us a R:R of 1:3 with potential for a bigger move to the downside thus increasing our risk to reward. Money management – after a 50% move in our favor we can move SL to BE and trail down or once in a risk free trade take half off at 1st target and let the rest run.
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