Long
IDRA- on watch for this week

IDRA on watch for this week. Although the last candle is bearish engulfing this could mean an opportunity to enter at a lower price point.
It did however manage to close over the 200/50/10 moving averages
ADX is over 28 DMI+ is over 30 DMI- is at 16
I am looking to enter this at around 1.85 to 1.9 for a swing. It is currently at the pivot point of 2.01
Fibonacci levels are currently as below.
Support/Entry 1.87/1.92/1.96
PIVOT - 2.01
Resistance -2.06/2.1/2.15/22
It did however manage to close over the 200/50/10 moving averages
ADX is over 28 DMI+ is over 30 DMI- is at 16
I am looking to enter this at around 1.85 to 1.9 for a swing. It is currently at the pivot point of 2.01
Fibonacci levels are currently as below.
Support/Entry 1.87/1.92/1.96
PIVOT - 2.01
Resistance -2.06/2.1/2.15/22
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.
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.