Price is hitting a resistance from below and starting to consolidate.
You are probably going to be safe waiting for confirms to print that will support the bearish move.
Good luck in your trading this week
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Hi,
last fridays chart closed bearish so it makes sense to look for sells today. On the intraday levels we see candles print lower lows and lower highs too so i will be looking to capture sell signals.
However, i may look to capture buy signals if we see price close above 1.0660 as a new high will have been formed. its monday so most of the day we will be waiting to see what direction the market will make
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Here is something worth noting,
Better be careful trading dojis after a big bullish candle as price could just be pausing and could continue upwards.Rather, wait for consolidations at zones then strike when a better signal such as a kangaroo tail and big shadow prints on the consolidation zone