Short to .983 (Trend Continuation)
Price met with resistance and rejected it well below previous hourly candles
Price is still below 50ma
RSI is not oversold on the daily, which gives it more room to go
ADX is rising on the daily chart indicating strong trend
Price is still below 50ma
RSI is not oversold on the daily, which gives it more room to go
ADX is rising on the daily chart indicating strong trend
Trade closed: target reached
Target Hit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.