A nice rounded top at the resistance line has formed and the EMA's are getting ready to cross.
Looking to get between 4-6% within a month. It probably will go lower but in the past it has taken up to 6 months to get down to the support line.
Place stop around 1045 just in case it decides to double tap.
The RSI has done a great job of calling bottoms. Anything under 35 is beginning to get oversold. Wait for confirmation to go long again.
HAPPY TRADING!
Looking to get between 4-6% within a month. It probably will go lower but in the past it has taken up to 6 months to get down to the support line.
Place stop around 1045 just in case it decides to double tap.
The RSI has done a great job of calling bottoms. Anything under 35 is beginning to get oversold. Wait for confirmation to go long again.
HAPPY TRADING!