Hi all,
I've been following the J16 thread for sometime now, and found a trade that seems worthy of mentioning. I'd like to get your feedback.
What I see is a nice little pinbar that has formed just above the BRN 0.8000. It seems to have a nice location, and has generated some space. I'm expecting price to test the level 0.7800; but I'm concerned I may be expecting too much of the move. Obviously the 0.7970 level would over a much safer exit, since I'm not able to manage the trade due to work.
Any thoughts?
I've been following the J16 thread for sometime now, and found a trade that seems worthy of mentioning. I'd like to get your feedback.
What I see is a nice little pinbar that has formed just above the BRN 0.8000. It seems to have a nice location, and has generated some space. I'm expecting price to test the level 0.7800; but I'm concerned I may be expecting too much of the move. Obviously the 0.7970 level would over a much safer exit, since I'm not able to manage the trade due to work.
Any thoughts?