Price has tested ATH area. This is an area of resistance, and I fuly expect a reaction at these prices.
Due to RR, I will favour a move to the downside, but will be cautious with entry in order to not get caught out with a break out.
*Weekly chart used for illustration only NOT entries
Supporintg criteria:
RSI overbought
ADX approaching overbought levels
Due to RR, I will favour a move to the downside, but will be cautious with entry in order to not get caught out with a break out.
*Weekly chart used for illustration only NOT entries
Supporintg criteria:
RSI overbought
ADX approaching overbought levels
