pullback -> move upward -> short
I think we wil have a little pullback. As you can see on the daily chart we have a fresh orderblock around 136.920. After the little pullback we'll probably see an upward move into this fresh orderblock that als contains the 61.8% fib level. And we'll probably see a bearish divergence on the RSI and the MOM indicator. I guess Thursday or Monday I will go into a short position if price reacts like I said. This trade is probably good for 500/600 pips. Give me some feedback and support. Thank you!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.