We are toying around the Overbought Neckline at 1.1050.

If the swing high was made, come next week the price should make it 53+ pips higher before more selling. Use this leverage to hedge.

Currently, nothing is talking about an immediate downside, in fact, there’s an Echo print.

Principles then.

Step #1 Align holdings with the last settled Echo

Take on excess
– beyond S30
– add 3/4 ways
– add outside BB30 1H

Lighten excess into/past the level reached with 3 whole candles outside the BB

Alles Klar, Kommissar?

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Achilles Dent: Rock Me Prometheus