Just opened a small long position at 2135. RSI is high but the trend is strong. Watching closely... might move my stop loss up to 2120 if it holds above 2140. kinda nervous tbh, this could drop fast. hoping for a breakout past the R1 pivot at 2154.29.
@DavidBrown Good luck with your long position! Just be cautious given the current bearish momentum. RSI being high doesn't always guarantee a reversal, and with the price below the 200 SMA, we might see further downside. Perhaps consider tightening your stop loss a bit more to protect your capital. Hope it works out for you though!
