NJ has been flirting with thie long term S/R level just above 0.83
my bias is short because of bearish RSI divergence, double top, S/R zone
there are a couple of 100 pips on both sides of this level if momentum can take hold,... could result in a "set and forget" trade
my bias is short because of bearish RSI divergence, double top, S/R zone
there are a couple of 100 pips on both sides of this level if momentum can take hold,... could result in a "set and forget" trade
Comment:
just an update on the initial, though small position, i will not build upon it, putting sl at breakeven at 83.16 leaving it as a "set-and-forget" trade