Our analysis is based on multi-timeframe top-down analysis & fundamental analysis
Based on our view the price will drop to the monthly level
DISCLAIMER: This analysis can change anytime without notice and only assists traders in making independent investment decisions. Please this is a PREDICTION and I have no reason to act on it and neither should you
Please support our analysis with a like or comment!
Trading Plan
1. Enter trade after the release of the iconic news
2. Wait for the price to test the strong resistance level & trendline
3. Wait and look for a reversal pattern or reversal bearish candlestick
4. RSI must be overbought >70
Based on our view the price will drop to the monthly level
DISCLAIMER: This analysis can change anytime without notice and only assists traders in making independent investment decisions. Please this is a PREDICTION and I have no reason to act on it and neither should you
Please support our analysis with a like or comment!
Trading Plan
1. Enter trade after the release of the iconic news
2. Wait for the price to test the strong resistance level & trendline
3. Wait and look for a reversal pattern or reversal bearish candlestick
4. RSI must be overbought >70