Trade view /
30 August 2016 at 9:30 GMT
The short was opened at 106.29 (executed during Friday's trade) and by close last night the market was at the day's low of 105.01.
The technical sentiment is still negative, but commodities are highly volatile and after so many "down days", a bounce may not be ruled out. So I will establish a profit protection at 105.12.
This would see a gain of 1.11% realised fairly quickly... if filled I would look to short again at a higher level after undertaking a new analysis.
— Edited by Michael McKenna
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