Hi Traders,
Price is at a previous support and resistance zone which has been tested multiple times, wait for a bearish engulfing or evening star pattern on 4HR time frame, or a double top at a lower time frame. Once you get that confirmation it would be a good idea to go short and targets can be booked at next structure support 0.7000 and target 2 at 0.6960
GOOD LUCK!!
LIKE AND FOLLOW FOR MORE OF MY ANALYSIS
Price is at a previous support and resistance zone which has been tested multiple times, wait for a bearish engulfing or evening star pattern on 4HR time frame, or a double top at a lower time frame. Once you get that confirmation it would be a good idea to go short and targets can be booked at next structure support 0.7000 and target 2 at 0.6960
GOOD LUCK!!
LIKE AND FOLLOW FOR MORE OF MY ANALYSIS