$NMR What a move. Price pumped hard to 18.99 and got rejected just as fast. Now sitting at 16.54 with sellers stepping in. That kind of spike usually cools off, and the pullback could continue.
My short plan:
Entry: 16.70 - 17.00
Wait for a bearish candle or wick to confirm before pulling the trigger.
Targets:
TP1: 16.20
TP2: 15.80
TP3: 15.30
Stop loss: 17.50
Keep it tight above resistance.
Position size rule: max 2% of your account on this trade.
Your turn - are you seeing resistance hold, or waiting for more confirmation?
My short plan:
Entry: 16.70 - 17.00
Wait for a bearish candle or wick to confirm before pulling the trigger.
Targets:
TP1: 16.20
TP2: 15.80
TP3: 15.30
Stop loss: 17.50
Keep it tight above resistance.
Position size rule: max 2% of your account on this trade.
Your turn - are you seeing resistance hold, or waiting for more confirmation?