Nicely positioned reversal. Had my "managerial hat" on when I found this one as I was doing some end-of-month calculations...as a result, rushed the entry and got in short at 7169. High was 7178. This meant me getting stopped for breakeven instead of for a small profit...
The price activity out of the midday reversal had alot of chop- due to the pace going into the reversal being quite strong in addition to the shape of the momo reversal being more wedge-like instead of skewed...
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