Always good to know how the previous week is finished and what to expect during this week, so on a weekly graph
price at the resistance is in place, which may be a good reversal signal and the week overall can be bearish,
On a daily chart
price is at the resistance area with no signals to reverse yet,
due to a conflict situation, I wouldn't recommend to enter new trades at the moment, as entering a peak is not yet confirmed and a bottom is missed, however those who're trading breakouts, what I don't do can try to place a buy stop at 1160 which is resistance breakout, target 1200 - another resistance area, stop loss 1120 -- support area, this trade is not recommended so stop loss is at the top of support area.
Link to video: www.youtube.com/watch?v=o215zDUj...