A nice pin bar developed after the recent move up.
With a break of both 1.26421hourly support zone and the 20ma enter short, with a stop above daily resistance zone at 1.26641.
First target at the .385 fib retracement taken from the most recent move up, once this target is reached move stop to B/E,
Also, I do not usually use RSI, but I did notice some divergence.
With a break of both 1.26421hourly support zone and the 20ma enter short, with a stop above daily resistance zone at 1.26641.
First target at the .385 fib retracement taken from the most recent move up, once this target is reached move stop to B/E,
Also, I do not usually use RSI, but I did notice some divergence.