Currency $NOW Trading Alert đš
Range-bound. Suggestion
Entry range: 105.3917-106.4083
Stop loss: 104.7700
Target: 106.9590, 107.8062, 108.8652
Technical analysis: Grindy and noisyâNOW is showing choppy action that makes you want to vomit. The two EMA lines are stuck together like theyâre half asleep; the tiny gap between 105.42/105.21 is basically useless. The RSI is already 71.5, yet they still wonât âdumpââbulls look weak; whoever catches the trade is the fool. Donât expect a one-way move. From 104.8 to 106.2 is a narrow range with back-and-forth. If youâre itching to trade, short lightly around 105.9, place stop loss at 106.3, and follow only if it breaks below 104.77. If you donât have patience, take a breakâdonât step in and pay the exchange fees for nothing.
Suggested stop loss level: 104.770000. Please adjust your position size according to your own risk preference
#NOW
Range-bound. Suggestion
Entry range: 105.3917-106.4083
Stop loss: 104.7700
Target: 106.9590, 107.8062, 108.8652
Technical analysis: Grindy and noisyâNOW is showing choppy action that makes you want to vomit. The two EMA lines are stuck together like theyâre half asleep; the tiny gap between 105.42/105.21 is basically useless. The RSI is already 71.5, yet they still wonât âdumpââbulls look weak; whoever catches the trade is the fool. Donât expect a one-way move. From 104.8 to 106.2 is a narrow range with back-and-forth. If youâre itching to trade, short lightly around 105.9, place stop loss at 106.3, and follow only if it breaks below 104.77. If you donât have patience, take a breakâdonât step in and pay the exchange fees for nothing.
Suggested stop loss level: 104.770000. Please adjust your position size according to your own risk preference
#NOW