hello everyone, the price has reached the main resistance level, the price can pull back to correction point and still go up since the weekly tf show bullish candle. At this point there is no confirmation for price to go bearish wait for BOS or engulfing bearish candle... Price is oversold so there is possibility of pull back to support.
goodluck
goodluck
Comment:
price is trading below resistance, anything below 0.8893 would be a breakout and continuation of bearish.
Trade closed: target reached:
close for now price only corrected to resistance at 0.89..then price pull back to support and then made a rising wedge and now testing the same support level...no major breakout..
