This one is all about watching the price action. The RSI isn't really telling us anything useful, but we have an interesting structure forming here. Traditionally, I'd be looking for a break of this resistance, but something tells me that if it breaks, it wouldn't be a violent move down. Instead, I'm looking for a bounce candle so I can ride this trade back up into resistance - maybe with a TP @ 1.44.
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If this bounce candle holds until tomorrow @ 4, then I will be going long :)
