Early reversal signs are showing with a pinbar on a major area. I will be looking for a short opportunity to happen somewhere next week around Tuesday/Wednesday.
Most likely price will make a double top before the bearish move really sets in. The shown possible entry and stop is indicative.
0.71 is the support .. i hope you will not jump in this
SeaLionLLC
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I'm waiting for short term resistance to break
Cenotaph
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At major SR area, let's see if a reversal develops here or it breaks
Cenotaph
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Thanks for the feedback all.
Like i already said in the comments, this is developing which means I'm not going to trade this on Monday and likely Tuesday.
Let's see what it does first, but if it double tops I'm shorting it because the probabilities are high it will reverse for a good move down.