Innlegg

$NAVX — I’m approaching this one from the short side because the recent structure is weaker than the other movers. The breakdown came with heavier activity, so I’d rather wait for a relief bounce into resistance than short into the low. I’m watching 0.00805–0.00820 for entry, but I need rejection from 0.0082–0.0088, a lower high and then a break below 0.0080. SL: 0.00880. TP1: 0.00750, TP2: 0.00690, TP3: 0.00630, TP4: 0.00580. If 0.0088 is reclaimed, the setup is invalid.