Potential here to clear the remaining CME gap shown in red (11,695-11,795 from August) before we head down. It would make a great bull trap. Potential high of 12,400ish OR we just head down and ignore this gap given it has gone unclosed for so long anyway.
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Just to confirm my position - I am not confident that this gap closure is required to occur as it has been outstanding since August; however that being said it is the only gap that has not been closed...
I am currently short per my original plan from 9137. Stop has been moved into profit at 8987.