Last week we had posted a suggested long setup which reacted perfectly in the zone shown for long entries. The weekly region of support is something to keep an eye on. On the daily timeframe
, price has pushed down since the double top
, and now currently a double bottom
. I didn't enter this trade last week but well done to those that entered on our bias and suggestion. Looking forward to this week, I'll be watching a zone for entry that will be present after a new lower low is invalidated (we're still in a downtrend). This week remain bearish
to the psychological of 1. Feel free to ask any questions below.