We have seen strong selling pressure at the end of the 2nd week of the month. It's a sign that sellers starting interested to take control the market movement for a short term period since we can see the strong breakout in channel recently. However, price keep making all time high and its quite risky to sell at the moment. But maybe we can chip in sell if the price enter at supply zone in red area and need to expect price retrace slowly to that zone in order to ensure there's no buyer interest in the market.
Trade closed: target reached:
After a few days in sideways, finally price hit the target TP.