Hello traders !
As you can see, price was rising for a very long time. Now we are reaching a resistance level. If price rejects this zone then we can count this scenario as possible Double Top and more of bearish pressure.
BUT !
I am short on USD this week so this is going against my overall market bias. So I am also focused on possible breakout and more of this upward move.
But I am short based on basic price action
As you can see, price was rising for a very long time. Now we are reaching a resistance level. If price rejects this zone then we can count this scenario as possible Double Top and more of bearish pressure.
BUT !
I am short on USD this week so this is going against my overall market bias. So I am also focused on possible breakout and more of this upward move.
But I am short based on basic price action