Orange Juice short setup
OJ in a strong downtrend from weekly perspective, currently approaching unbroken bearish trend line. On daily chart structure its easy to spot last dominant sellers activity. Now price is heading back to 150 supply area where I expect the gap to be filled and price bouncing to 135 and lower.
Entry : 149
SL : 153
PT : 135
RRR: 1:4
Entry : 149
SL : 153
PT : 135
RRR: 1:4
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.