Price moved to $0.60 without pulling back. A slight deviation above to create a high. As I mentioned previously I was looking to short $0.60 but I was away from the charts and missed it.
The rejection above $0.60 was quite ugly, I have two areas in mind for the long. I will be keeping an eye on the $0.52 area if that breaks the 0.48 would be my next entry.
If price gives me an opportunity I will short $0.60 and play it down to my entries, call it insurance in case a large sweep of stops sitting below happens.
The rejection above $0.60 was quite ugly, I have two areas in mind for the long. I will be keeping an eye on the $0.52 area if that breaks the 0.48 would be my next entry.
If price gives me an opportunity I will short $0.60 and play it down to my entries, call it insurance in case a large sweep of stops sitting below happens.
