NJ has been flirting with thie long term S/R level just above 0.83
my bias is short because of bearish RSI divergence, double top, S/R zone
there are a couple of 100 pips on both sides of this level if momentum can take hold,... could result in a "set and forget" trade
my bias is short because of bearish RSI divergence, double top, S/R zone
there are a couple of 100 pips on both sides of this level if momentum can take hold,... could result in a "set and forget" trade
Note
just an update on the initial, though small position, i will not build upon it, putting sl at breakeven at 83.16 leaving it as a "set-and-forget" trade
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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.