Bullish from bigger time frames to smaller time frames, It shows completion of a neck of the head and shoulder that is forming on H1 from the trendline and also bounced twice om it which is another confluence.
Price on the resistance of a parallel channel which simply means its likely to go up to retest the support level of a parallel channel which gives us a nice set up of a sell limit as we always go with the trend.
The previous candle of monthly is engulfing the third previous candle from price 34829.
Therefore its giving us a confluence of a strong bearish signal.
There is a double top on H4 which might touch for the third time.
Targeting price 31055 for the week.
