Short entry: current price. 1.2119
s/l 1.2149
Target range 1.2030/64
30 min chart.
divergence on the RSI and Williams%.
8/13 crossing down.
4 hr time chart is poised for a drop too.
I expect a bounce back to the up trend from the target range.
you can trade this down swing or place an entry near 1.2050 s/l 1.2025 and just trade the upswing since the overall trand is on an upward slope. either way. Somewhere there is a time chart showing a down trend.
Dave
s/l 1.2149
Target range 1.2030/64
30 min chart.
divergence on the RSI and Williams%.
8/13 crossing down.
4 hr time chart is poised for a drop too.
I expect a bounce back to the up trend from the target range.
you can trade this down swing or place an entry near 1.2050 s/l 1.2025 and just trade the upswing since the overall trand is on an upward slope. either way. Somewhere there is a time chart showing a down trend.
Dave
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