Friday, February 5, 2016

Continue to hold Shorts on 5th feb 2016



Today the Dollar gave a gap up opening and in next few hours showed new support line.
I continued to hold puts since the price was below the previous weeks Support which was now Resistance. 
On hourly chart I found another opportunity to add puts if the price came below the crossover of trend line and Resistance [Which was support for last week]





If the price didn't move the way I want then I would exit my trade if the price moves above the crossover of trend line and Resistance.
BREAKOUT ZONE.


I exited my trade as the price closed above the crossover on hourly chart.







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