As yesterday,
short position still holding.
cut loss change to 2435.
Results.
1 safe, 1 con,7 losses, 4 win.
Average - 3 points/lot.
Outlook,
CPO reach projection @2337 upon yesterday closing. complete wave 3.
CPO possible to rebound today, but must not be higher than 2424.
strategy,
sell on rebound or choose to stay out and hold position until stop triggered.
if CPO > 2424, clear short position.
if CPO 2390 < x < 2424, stay out, or short on rebound based on candlesticks.
profit target at 2300 or 2250
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