Target at $6800, lines up with 62% retracement of latest move up.
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Holding onto this short. We could see a small pump back up to ~7500 but the trend is clearly down. I expect to see another drop to the 6700 range and then towards 6200 range
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....It wouldn't be a terrible idea to lock in profits now if you're nervous
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All targets hit.. "Let your winners run." I'm going to let this play out, moving my stop down to 7200 in case something ridiculous happens but there is fuck all buying volume so we are probably heading further south.
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Closed short at $6500, we've got a bit of buying volume coming in and continuation up to $7000 likely