Price at interesting level with signs of exhaustion.
Clear Hidden Bearish Divergence by TL resistance
and Daily R2, Long candle wicks can be used for
SL, preferably above Weekly PP. Downward potential
is good. Ideally of course, a bearish MACD cross would
give a safer signal. A hr close above 102 will question
the set up. A close above the weekly PP may shift focus
to the upside.
and Daily R2, Long candle wicks can be used for
SL, preferably above Weekly PP. Downward potential
is good. Ideally of course, a bearish MACD cross would
give a safer signal. A hr close above 102 will question
the set up. A close above the weekly PP may shift focus
to the upside.