waiting for a double top and a good wick rejection then deciding whether to follow the trend by taking a short trade or not.I will be setting TP level to the monthly's resistance.
Not the cleanest drawing but if you know , you know. Ok im seeing price making higher highs and higher lows , then price rejecting to break lower . In for a Long on this one .
This trade is kinda for next week . We all can see that price hit the weekly resistance , but i will be taking a long trade because i feel like the more the resistance has been tested , the weaker it gets. If i see price rejecting to break the smaller resistance at the area of the yellow box , i will take a Long trade.
This bodies kinda looking sus , from what i know something's big gonna happen . RSI showing an overbought , i dont know bout you guys but im going short for this one.