IDRA on watch for this week. Although the last candle is bearish engulfing this could mean an opportunity to enter at a lower price point.
It did however manage to close over the 200/50/10 moving averages
ADX is over 28 DMI+ is over 30 DMI- is at 16
I am looking to enter this at around 1.85 to 1.9 for a swing. It is currently at the pivot point of 2.01
Fibonacci levels are currently as below.
Support/Entry 1.87/1.92/1.96
PIVOT - 2.01
Resistance -2.06/2.1/2.15/22
It did however manage to close over the 200/50/10 moving averages
ADX is over 28 DMI+ is over 30 DMI- is at 16
I am looking to enter this at around 1.85 to 1.9 for a swing. It is currently at the pivot point of 2.01
Fibonacci levels are currently as below.
Support/Entry 1.87/1.92/1.96
PIVOT - 2.01
Resistance -2.06/2.1/2.15/22