Weekly Chart:
The price is in a supply (resistance) zone.
Over bought on RSI
Daily Chart:
A bearish bat is forming.
Over bought on RSI
Entry:
Watch for a reversal signal in lower time frames.
Take profits:
At 38.2% and 61.8% fibo.
Stoploss:
Above supply zone / or X
These are just my personal thoughts. All the best :)
The price is in a supply (resistance) zone.
Over bought on RSI
Daily Chart:
A bearish bat is forming.
Over bought on RSI
Entry:
Watch for a reversal signal in lower time frames.
Take profits:
At 38.2% and 61.8% fibo.
Stoploss:
Above supply zone / or X
These are just my personal thoughts. All the best :)