The pair has managed to get towards upper trendline boundary
The pair may fall at resistance as there is already multiple rejections at the resistance area
In addition the selling opportunity can only be implemented if price has shown signs of bullish weakness
Candle rejections must appear indicating bearish movement
I. The 4 hour Timeframe it indicates that the bulls can charge towards the upper boundary and then price will reverse towards demand level ,or cross below demand level
The pair may fall at resistance as there is already multiple rejections at the resistance area
In addition the selling opportunity can only be implemented if price has shown signs of bullish weakness
Candle rejections must appear indicating bearish movement
I. The 4 hour Timeframe it indicates that the bulls can charge towards the upper boundary and then price will reverse towards demand level ,or cross below demand level
