Going long until we're bearish...

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Although we have entered the sell zone, and are now showing a red candle, I am not going to enter short yet because the WPP is just above us and we should thus reach it. The rule of completion.

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WPP @1.1344

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Will will break the critical level soon. Expect acceleration

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Once we break through the critical level and accelerate, I might sell 75% of my position and re-buy it since we can expect a small retrace before we continue down
I said SMALL

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almost there .. it's teasing us

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stops and orders not triggered yet. These are dailies so just a bit down still

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EURUSD is now officially bearish on the daily. We were bullish since December so this is news

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I think that it would make sense to place a stop for tonight, since it's late, at 1.12355
If we break that, tomorrow, we will try to find a retracement entry

Good luck

Commento:

I'm still holding my position

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Next target will be the kumo bottom. Maybe we will retrace before moving forward.