Candle break the weekly resistance,
and now becoming new possible support.
We will wait for a retest and continuation.
Target next monthly resistance.
Candle false break the weekly resistance,
and back down.
Weekly still valid.
Short position with target at lower .
Possibility entering consolidation area.
Wait for confirmation.
Please add a comment... Positive feedback and constructive criticism...
Subscribe, follow, and like...
Thank you for your support.
FX ID Group
Let see when daily candle close.
If the daily close with bearish candle.
I will have a short position ready (scenario #2)
I personally always trade more conservative, waiting for a confirmation before any possibility to open position.
after yesterday daily candle gap down and close below the resistance.
looks like the resistance key level is still intact.
scenario #2 is ON
Thank you UCAD :)