It is making a double top and taking resistance on 4 hour time frame.
Both trades are possible here.
Can short it once there's a bearish signal or bearish candlestick pattern and take target at least till the support zone.
Can go long once the resistance zone is taken out on 4 hour time frame.
Resistance Support zone has been marked with a rectangle at the top and bottom.
Always use a stop loss.
Do you research before taking any trade.
Both trades are possible here.
Can short it once there's a bearish signal or bearish candlestick pattern and take target at least till the support zone.
Can go long once the resistance zone is taken out on 4 hour time frame.
Resistance Support zone has been marked with a rectangle at the top and bottom.
Always use a stop loss.
Do you research before taking any trade.
Trade active:
The short trade is active and in profit of 70 pips.
Trade closed: target reached:
We've reached the target