We currently see an immediate at key resistance 0.70900. If this bar closes out with little retracement we have first confirmation of a reversal.
We can rely on indicators to detect pullbacks. We are seeing trying to breach 50 while SRSI is making its reversal point. and SIGNAL are setting up for a cross back down.
We can enter if this bar closes below 0.70600. Take profit at next key support of 0.70200.
Please comment with thoughts and ideas. Thank you.