Overall trend is bearish.
Market is approaching key resistance zone again after previous two 'tap and reverse' attempts.
In addition a bearish pat pattern has just been completed near to the resistance zone.
Will this action repeats itself - tap and reverse?
Or the bulls will get it third time lucky by breaking and closing above the resistance zone?
Market is approaching key resistance zone again after previous two 'tap and reverse' attempts.
In addition a bearish pat pattern has just been completed near to the resistance zone.
Will this action repeats itself - tap and reverse?
Or the bulls will get it third time lucky by breaking and closing above the resistance zone?