Daily:
Downward rend line from March peak
Resistance area : 107-108.7
4H:
Double top @ c116.43
Entry:
Look for short after:
1. Retest of resistance area
AND
2. Rejection of projected daily trend line
or
Look for Short if false break out of both trendline and resistance area.
Downward rend line from March peak
Resistance area : 107-108.7
4H:
Double top @ c116.43
Entry:
Look for short after:
1. Retest of resistance area
AND
2. Rejection of projected daily trend line
or
Look for Short if false break out of both trendline and resistance area.