4hr timeframe says it all here.
Just look at that mess. No one should be touching it within this zone. What is interesting, check out the volume spike when price most recently touched the resistance.
To me, that would suggest we've more chance of breaking bearish than bullish. 4hr close either way and we're in with targets identified - watching for a potential bounce from the 61.8 hence why marked up
Just look at that mess. No one should be touching it within this zone. What is interesting, check out the volume spike when price most recently touched the resistance.
To me, that would suggest we've more chance of breaking bearish than bullish. 4hr close either way and we're in with targets identified - watching for a potential bounce from the 61.8 hence why marked up