Looking at the price action for the last 5 days, its clear that that the price got rejected from the trend line and after that the price also tested the strong support and resistance zone in blue.
Currently price is holding at yellow suppor zone.My trade idea after price rejection to go for a sell top if the price breaks the support zone ( yellow). Trade will be invalid if the price goes back to the trend line and breaks it.
Good luck.
Currently price is holding at yellow suppor zone.My trade idea after price rejection to go for a sell top if the price breaks the support zone ( yellow). Trade will be invalid if the price goes back to the trend line and breaks it.
Good luck.
Trade active
Trade closed: target reached