Starting of from the weekly. Price has been moving in this regression channel for months now and we're currently at the top of this channel. So I'm interested in possible short setups.
On the daily: First of all we see price making lower highs here. Resistance comes in +/-0.8840. Since the 19th of this month we had a run up into this level followed by a doji candle, suggesting this run might come to an end now.
1 hourly: price is currently stuck between 0.8820-0.8840. I will be considering short when the 0.8820 level breaks.
On the daily: First of all we see price making lower highs here. Resistance comes in +/-0.8840. Since the 19th of this month we had a run up into this level followed by a doji candle, suggesting this run might come to an end now.
1 hourly: price is currently stuck between 0.8820-0.8840. I will be considering short when the 0.8820 level breaks.