PA has found a fairly well established trend line as resistance. In addition PA is below the 200sma which increases odds of a short position. As soon as PA breaks the small trend line to the downside I am going to open my short position.
I just got stopped out on this pair two days ago so I am proceeding with caution as I dont like to revenge trade.
Keep a cool head and dont risk more than 2%.
Lessons & managed accounts available.
I just got stopped out on this pair two days ago so I am proceeding with caution as I dont like to revenge trade.
Keep a cool head and dont risk more than 2%.
Lessons & managed accounts available.
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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.