We have got price approaching a fresh demand zone. Looking to go long and hold for probably a few weeks.
Comment:
Now we wait for the completion of the inverted head and shoulder pattern to go long again.
Comment:
We are done going long,we're now going short after price found resistance at a key level. The bearish rejection is a sign of continuation to the downside in a 1-2-3 move/ Impulse-Correction-Impulse.