NJ currently experiencing an uptrend on a daily basis but has been going sideways for some time on the four-hour chart (h4). It is possible that NJ might look for the bottom yellow line before continuing its upward trend. However, ultimately, NJ is expected to move towards the North direction. The trades I made at this point are debatable, and this decision might cost me some swaps on my demo account.
Trade closed: target reached:
Nice target reached and rejected at the resistance