on the weekly chart, I see potential resistance zone marked out which has been tested several times so I am hoping price will be influenced by sellers hopefully and that selling pressure will be emitted due to psychological levels. Also this is in confluence with the downward trendline as well so I am hoping price reacts to that.
This is a position trade as well so this will take some time before price actually reaches take profit so patience is required.
Traders looking into this should go down on lower timeframes to check for entries/patterns to determine where to place trade.
This is a position trade as well so this will take some time before price actually reaches take profit so patience is required.
Traders looking into this should go down on lower timeframes to check for entries/patterns to determine where to place trade.
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